From the Bwahaha Department: Gazprom has no Gaz

Finally, as predicted, the Russians grabbing everything in sight has failed to hide the fact that you can’t run a company the way the FSB runs the Press Freedom Office:

Anticipated by some independent experts in the West and Russia but otherwise widely ignored, Gazprom’s gas deficit became a reality by 2007 at the latest. Russia was able, however, to hide it temporarily through imports of Central Asian gas, which it used partly for Russia’s internal consumption and partly for re-export as “Russian” gas. This method no longer suffices to cover the deficit, as top officials in Moscow are now forced to admit, albeit obliquely.

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2 Comments

  1. Looks like Putin left office just in the nick of time!

    Reply
  2. Sure does. What do you think the EU is going to do once it finds out that Turkey is every bit as likely to deliver the goods as Russia is? No wonder The Bear has been cooperating so closely with Iran lately.

    Reply

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