Gazprom

After Russia’s Gazprom hiked the price of natural gas to Armenia, Pashinyan visited Iran to discuss using Armenia as a potential transit point for Iranian gas. Armenia’s new government also raised hopes of a fresh start in negotiations with Azerbaijan over the Nagorno-Karabakh region. A number of…

…a state-owned corporate complex called Gazprom, which was one of the few profitable large-scale enterprises in the declining Soviet economy. Chernomyrdin remained chairman of the board of Gazprom during the dissolution of the Soviet Union and the creation of the Russian Federation in 1991. In June 1992 Chernomyrdin became a…

…of the state-owned natural-gas monopoly Gazprom. In 2003 he became Putin’s chief of staff, and two years later he was appointed to the newly created post of first deputy prime minister.

…including partnerships with Russia’s OAO Gazprom and China’s CNPC and big-ticket investments in Canada. Under Voser’s direction, Shell also began investing in various exploration and production projects at a time when declining oil and gas prices were reducing profits throughout the energy sector. Voser justified his strategy by estimating that…