Alexander Medvedev’s Defense of Gazprom
Is Gazprom’s strategy political? The answer is a predictable “no,” at least in the eyes of Alexander Medvedev, the company’s deputy chairman. The article (in full after the cut) sets its sights on knocking down the European Commission’s efforts to separate gas supply and distribution companies to enhance competition in the energy market, but may in fact be part of a new series of arguments accompanying the appointment of former Prime Minister Viktor Zubkov to the chairmanship of what many are already calling the world’s largest company. The selection of Zubkov, as opposed to an official with business experience, is seen as a clear expression that the company will continue to be politically influenced – indeed Zubkov said as much during his appointment speech. On the positive side, at least he answered four questions at a news conference, something that Rosneft’s Igor Sechin would never do. Perhaps transparency comes with baby steps.