10 Of The Most Profitable Companies In The World

Public Joint Stock Company Gazprom

Public Joint Stock Company Gazprom, often shortened to PAO Gazprom, is a Russian company founded in 1989 and deals with the sale, production, transport, and extraction of natural gas. It is truly a leader in the natural gas industry with a revenue of over ninety-one billion dollars as of 2016. PAO Gazprom claims its share in the Russian and global gas reserves are seventy-two and seventeen percent respectively. Furthermore, they account four sixty-six percent of the national gas output and eleven percent of the global gas output. Beyond its operations within Russia, PAO Gazprom exports gas to over thirty other countries.

Continue reading for the details on a lucrative Chinese bank, another competitor in the diversified bank industry.