December 7, 2009 By James Kimer

Tough Times Ahead for Gazprom

Roderick Kefferputz from the Centre for European Policy Studies has released a new short paper on Gazprom.  Below is the introduction.  Download the full study here.

Gazprom’s situation has become increasingly difficult since January’s notorious gas crisis. From being ranked as the world’s fourth most-valuable corporation in 2008 with a market capitalisation of nearly $300 billion, its position has now dropped into the low thirties, with its capitalisation shrinking to around $90 billion.