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
Gazprom Germania Gazprom Germania GAZPROM Germania GmbH (), a company registered in Berlin, Germany, is headquarters of a diversified conglomerate, GAZPROM Germania Group, operating in more than 20 countries, and is a 100% subsidiary of the world's largest natural gas company, Gazprom. GAZPROM Germania Group is active in natural gas sales and marketing, trading, exploration and production, as well as in underground storage projects. Companies of the group operate in Europe, USA, Central Asia and Singapore. GAZPROM Germania Group owns shares in: In addition to its main activities of expanding Gazprom's operations in foreign markets, Gazprom Germania Group is an active sponsor