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 Space Systems century, with annual revenues growing from $5.5 million in 2000 to £32.6 million in 2005 and $83.7 million in 2008. The company was founded in 1992 by several Gazprom Group enterprises (Yamburggazdobicha, Tumenburgaz, Urengoygazprom, Nadimgazprom, Tumentransgaz), as well as NPO Energia and Gazprombank. Gazprom Space Systems OJSC Gazprom Space Systems (), previously known as (Gazcom) (), is a Russian communications satellite operator and developer. Gascom currently operates the Yamal telecommunication satellites, initially designed and built jointly with the Energia space corporation. The satellites are used to transmit over 60 Russian and foreign television channels, and are also used by the