View full page at energyexch.com

 

In Odd Twist, Russia’s Gazprom ‘Saves’ Ukraine’s Naftogaz

From forbes.com

Russian gas giant Gazprom may have inadvertently saved the Ukrainian gas market, namely Naftogaz. What doesn't kill you makes you stronger. For years, Naftogaz’s top leadership has been grappling with corrupt government officials, trying to explain to them the benefits of becoming a more modern, open market energy system in line with EU standards for the the oil and gas trade. So while Naftogaz CEO Andriy Kobolyev may very well be the unsung hero in all this, battling for nearly six years against one of Russia’s most important and powerful state controlled companies, it was Vladimir Putin’s insistence that Gazprom’s ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis