Tuesday, February 14, 2012

Russia

Gazprom Value Soars, Becomes World's Third-Biggest Company

Myldzhinsky gas-condensate storage facility belonging to Vostokgazprom, a subsidiary of Gazprom (ITAR-TASS)

Myldzhinsky gas-condensate storage facility belonging to Vostokgazprom, a subsidiary of Gazprom (ITAR-TASS)

May 7, 2006 -- The market value of the Russian state-run gas giant Gazprom has soared to more than $300 billion, making Gazprom the world's third-largest company.

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May 07, 2006


The value of Gazprom shares passed the $300 billion threshold during trading on May 6 on the Moscow stock market.


Only the U.S. oil company ExxonMobil and General Electric now have a higher market capitalization than Gazprom.


(AFP, bloomberg.com)

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