Russia's Gazprom 's a troubled giant

  • 2006-01-11
  • By Roman Kupchinsky
RFE/RL - Gazprom, the largest gas company in the world, is the jewel in the crown of Russian business. It employs over 300,000 people, and its tax contributions account for more than 25 percent of the Russian budget.Gazprom controls 25 percent of the world's gas reserves and 94 percent of Russia's natural gas. It is the only company in Russia legally allowed to sell gas outside the borders of the former Soviet Union 's a factor that largely contributed to the recent gas conflict between Ukraine and Russia and placed European gas supplies in danger.Not only is Gazprom the largest producer of...
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