Word: gazprom
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...background to this story is that Media Most previously reached a deal with the government-controlled gas company, Gazprom, to repay a large loan by giving Gazprom a 49 percent stake in Media Most. They were supposed to turn a further 25 percent plus one share to a third investor, which would be sought through Deutsche Bank. The idea was that neither Gazprom, nor the current owners of Media Most, nor this third investor would have a controlling share...
...This Wednesday, the House Republican leadership's Policy Committee will produce a 209-page report pillorying the Clinton administration for its handling of Russia. The main target? Al Gore, who gets two chapters all to himself - one concerning the bilateral commission he chaired with former Russian prime minister and Gazprom magnate Viktor Chernomyrdin, the other on the "barnyard epithet" Gore reportedly scrawled across a CIA report alleging Chernomyrdin's corrupt activities. These are part of a broader pattern of administration errors that have brought warm U.S.-Russian relations in 1992 to a frosty atmosphere now, the report alleges...
MOSCOW: A high-profile tax raid by Russia on its leading tax defaulter, Gazprom, was calculated to impress the IMF, says TIME correspondent Andrew Meier. But even if it accomplishes that, the international body is unlikely to cut the big check Russia so desperately needs. "The IMF seems bent on playing high-stakes brinkmanship," says Meier, "extorting vows to slash the budget and strip the fat before it will agree to bail Russia out." But Russia's condition is deteriorating rapidly...
...understandable, as Yeltsin's blessing could be vital, Chernomyrdin needs all the lead time he can get. Aides say it could take a year for their man to become a real contender for the presidency. He does have lots of money, however, thanks to his continuing connection with Gazprom, the giant oil-and-gas company that he once headed and in which he reportedly has a substantial stake...
...assembled an excellent public relations team. He is establishing alliances with regional leaders, speaking out on national issues and creating a powerful base for himself. Sources close to Chernomyrdin say Luzhkov is also trying to cut away at the Prime Minister's war chest by supporting moves to break Gazprom's oil-and-gas monopoly. Luzhkov's motives, a Chernomyrdin aide said last week, have little to do with devotion to free-market capitalism...