Gazprom plus one share of Sakhalin Energy. In June 2007, TNK-BP, a subsidiary of BP plc, agreed to sell its stake in Kovykta field in Siberia to Gazprom after the Government of Russia questioned BP's right to export gas from Russia. On 23 June 2007, the governments of Russia and Italy signed a memorandum of understanding towards a joint venture between Gazprom and Eni SpA to construct a 558-mile (900 km) gas pipeline to carry gas per year from Russia to Europe. This "South Stream" pipeline would extend under the Black Sea to Bulgaria with a south fork to Italy and
Department of Energy (Philippines) 9367 or "Biofuels Act of 2006", and RA No. 9513 or "Renewable Energy Act of 2008. The Department is headed by the Secretary of Energy who is assisted by three Undersecretaries and three Assistant Secretaries. Under the Department are the Administrative Service, Financial Service, Information Technology and Management Service, Legal Service and Energy Research Testing and Laboratory Service. The Department is composed of the following bureaus: The following units, agencies and corporations are attached to the Department: Due to the rapid growth of the country's population and the interrelated growing of the country's demand for energy, the Department of Energy