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 Neft limestone, which makes drilling difficult. Therefore, specialists are facing a more labor-intensive task. At the moment all these difficulties have been successfully overcome. Three development wells have now been constructed, successfully tested and their outputs have exceeded planned expectations. New innovative technologies are applied at Badra. Among them are: Solar panels can be another example of the usage of modern technologies. They allow the block valve station to work independently from electricity. The Badra oil field development consortium annually invests in education, medicine and other social projects in Iraq. In 2013 Gazprom Neft donated some buses to the University in