A Gazprom State?
December 11th, 2007

As always, highly interesting analysis from Steve Levine at Oil & Glory, this time on Russia’s use of Gazprom as one of its spear points of foreign policy.  As the article notes:

“…Through its control of natural gas pipelines , Gazprom is the instrument of Russian influence in its former colonies in Central Asia, the Caucasus, the Slavic states of Belarus and Ukraine, and even in the Baltics. And Gazprom is also Russia’s lever of influence in Europe, where the company supplies 30% of the natural gas. That influence is likely to grow with the construction of new pipelines from Russia to Europe….”

And given that Putin chose Dmitri Medvedev – chairman of the Russian natural gas giant – as his likely successor further emphasizes this point.


This entry was posted on Tuesday, December 11th, 2007 at 12:50 pm and is filed under Gazprom, Russia.  You can follow any responses to this entry through the RSS 2.0 feed.  Both comments and pings are currently closed. 

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Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.