Gazprom acquired NTV, Russia's only nationwide state-independent television station from Vladimir Gusinsky's company, Media-Most holdings. In 2002, the Gazprom subsidiary Gazprom Media acquired all of Gusinsky's shares in companies held by Media-Most. In September 2005, Gazprom bought 72.633 percent of the oil company Sibneft for $13.01 billion. Sibneft was renamed Gazprom Neft. The purchase was aided by a $12 billion loan. Gazprom became Russia's largest company. On the day of the deal the company worth was valued at £69.7 billion (US$123.2 billion.) In December 2006, Gazprom signed an agreement with Royal Dutch Shell, Mitsui and Mitsubishi, to take over fifty percent
Gazprom to be , with potential to increase to . The Shtokman field is one of the world's largest natural gas fields. It is located in the central part of the Barents Sea, northeast of the city of Murmansk and west of the Yamal Peninsula. The field is estimated to contain up to of gas. Potential production is in the initial phases, with a potential increase to . Gazprom, Total (France) and Statoil (Norway) created a joint company Shtokman Development AG for development of the field. On 8 April 2013, in Amsterdam, Alexey Miller, Chairman of the Gazprom Management Committee and