January 30, 2008 By James Kimer

Gazprom’s Stranglehold

gazprom_tank.jpg From the Lex Column of the Financial Times:

Gazprom’s stranglehold Gazprom has long been the bogeyman of European energy. Whenever a rival gas supplier announces a discovery or a rise in output, it fosters hopes that the Russian group’s chokehold may be on the point of loosening. But the reality is that Gazprom’s position is not that fragile.

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