Word: medvedevs
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Just ask Shell or Yukos or Ukraine. Don't even mention it to ExxonMobil. When he's not skating, Medvedev is deputy chairman of Gazprom's management committee and general director of Gazpromexport, Gazprom's export arm, which accounts for 80% of the revenue of the world's second largest energy company and supplies a quarter of Europe's natural gas--and 100% of Belarus'. Medvedev's remark hit home for his fellow hockey buff and adversary--the forward who had tripped him up so uncouthly, also known as the President of Belarus, Alexander Lukashenko. On a tense New Year...
...soil, or in pricing battles with Russia's neighbors, Gazprom wins very much in style of the proverbial Soviet Army steamroller: inefficient, unwieldy and mismanaged, it crushes foes by its mammoth weight and monopoly gas supply. In January 2006, for instance, when the Ukrainians balked at Gazprom's price, Medvedev turned off the taps. Pay or freeze, he told them. They paid...
Russia's energy general is suave and arrogant, ironic and pragmatic, English-speaking and groomed, aggressive and compliant. Medvedev supervises Gazprom's exports, brushing off allegations of Gazprom being Russia's "pipeline troops," poised to accomplish with energy what the U.S.S.R. used to do with tanks. "There is no politics in our relations with other countries. Just business," he says. And business is booming. Russia is energy rich. Its oil and gas reserves account for more than 20% of its $1 trillion economy...
...Medvedev says gas exporters need to coordinate handling the growing development, production and transportation costs, and technological challenges--and acidly reminds you that only Russia, Qatar and Iran have a long-term supply capability. That's why the U.S. got nervous last month when gas producers met in Qatar. Such an OPEC-like cartel might control as much as 80% of the world's natural-gas reserves and 40% of natural-gas pipeline transportation. He proudly emphasizes Russia's leading role in this coordination due to its resources--and feigns surprise at the U.S. calling it a weapon of blackmail...
Capturing Beltransgaz, Medvedev says, was nothing less than restoring the status quo--the Unified Gas Supply System of Russia (UGSS) that supplied the old Soviet empire. "One of the mistakes that our so-called reformers made was having the UGSS sadistically dismembered," he explains to TIME, sitting back, pin-striped and relaxed, in his techno-style office that dominates the ninth floor of the posh new Gazpromexport headquarters in downtown Moscow. His disdain of the architects of Russia's early market reform is de rigueur for top executives under President Vladimir Putin. Medvedev isn't finished. He says Gazprom wants...