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January 27, 2006

Cold, cold, cold, part II

BBC News has articles today about a Russian gas pipeline into Chechnya that was damaged and left Chechens freezing. This one is reportedly an accident.

Italian authorities are accusing the Ukranians of siphoning off Russian gas.

An interview covers Gazprom's global ambitions:

We would like to transform our company from being the world's leading gas company into a world leading energy company.

If you were a potential Gazprom investor, you might admire management's tough negotiating style and singular focus on getting the most out of their customers. You might however worry that your investment might end up in somebody else's Swiss bank account, too.

Posted by Mark at January 27, 2006 08:39 PM

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