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 from his position as the Chairman of the Gazprom board. The Russian Government's stock in Gazprom gave Putin the power to vote out Vyakhirev. Chernomyrdin and Vyakhirev were replaced by Dmitry Medvedev and Alexei Miller. They were Putin's prior employees in Saint Petersburg. Putin's actions were aided by the shareholder activism of Hermitage Capital Management Chief Executive Officer William Browder, and the former Russian Finance Minister Boris Fyodorov. Miller and Medvedev were to stop asset stripping at Gazprom and to recover losses. Itera was denied access to Gazprom's pipelines and came close to bankruptcy. Itera agreed to return stolen assets