Gazprom Boris Yeltsin, the Russian President, appointed Chernomyrdin, Gazprom's Chairman, his Prime Minister, the company's political influence increased. Rem Viakhirev took the chairmanship of Gazprom's Board of Directors and Managing Committee. Following the Decree of the President of the Russian Federation of 5 November 1992 and the Resolution of the Government of Russia of 17 February 1993, Gazprom became a joint-stock company. Gazprom began to distribute shares under the voucher method. (Each Russian citizen received vouchers to purchase shares of formerly state-owned companies). By 1994, 33% of Gazprom's shares had been bought by 747,000 members of the public, mostly in exchange
Gazprom Armenia announced, that Gazprom will buy additional ARG-shares and then controls 58% of the companies equity capital. On 27 October 2006 Gazprom's Executive Board approved acquire additional issues of ARG, which is most likely part of April's controversial deal. According to Karen Karapetyan, Gazprom will pay $118.8 million to have the commanding share of ARG. In January 2014 Gazprom agreed to purchase another 20% of ARG bringing Gazprom's ownership to 100% of the company. The company was renamed Gazprom Armenia. The agreed was signed by Chairman Alexey Miller (Gazprom) and Armenian Minister of Energy and Natural Resources Armen Movsisyan. Since Armenia