Gazprom Gazprom Public Joint Stock Company Gazprom (, "Publichnoe Aktsionernoe Obshchestvo Gazprom", abbreviated PAO Gazprom, , ) is a large Russian company founded in 1989, which carries on the business of extraction, production, transport, and sale of natural gas. The company is majority owned by the Government of Russia, via the Federal Agency for State Property Management and . The remaining shares are listed on public stock markets of Moscow, London and Frankfurt. The Gazprom name is a portmanteau of the Russian words Gazovaya Promyshlennost ( - gas industry). Gazprom is in the process of moving from Moscow to Saint Petersburg,
Gazprom Promgaz for gas supply of South Ossetia and Armenia. Gazprom Promgaz plans gas transportation and its distribution systems, as well as investigating various research in the field of natural gas. The company is the general planner of the natural gas supply program for Russian regions, developed by Gazprom. The company is also a research center of Gazprom in the field of regional power systems, the supply, distribution and use of gas, efficient energy use and energy-savings, price setting for construction of gas industry objectives, the development of regional hydrocarbon fields and development of non-traditional hydrocarbon resources including coal bed methane. Gazprom