The triumph of Gazprom

Published
by
Tom Nuttall
on June 27, 2007
in Energy, Europe and Inside Prospect
.

Nothing symbolises the new willingness of Vladimir Putin’s Russia to use energy as a political weapon so much as the incredible rise of its state-owned gas giant Gazprom over the last 18 months. Since January 2006, when Russia briefly cut supplies to Ukraine in a spat over pricing, the EU has attempted to produce a gas diversification strategy that reduces its dependence on Russian oil. And as Derek Brower writes in this month’s issue, this is largely because it has been utterly outfoxed by Gazprom. You can discuss this article in the comments box below.

1 Responses to “The triumph of Gazprom”

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  • 1 disagree
    October 9, 2007 at 2:19 am

    Nonsense. Maybe the UK and USA should focus more on their meddling with Ukrainian elections, before they go bear-bating.

    The entire Gazprom affair is politically exploited by the Anglo-American establishment, always on the lookout for new rational for more incrased defence spending.

    Sad truth is, Bush and his Poodle lost Russia. Israel paid the price, because Putin retaliated by strenghtening ties with Syria and Iran.

    Gazprom forewarned the Ukrain about price hikes a full year before it cut the pipes.

    Stop being such hopeless intellectual conformists, and stop looking for enemies in all the wrong places.

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