Gazprom: What Future is in Store for the Company under the «new» Putin and Medvedev?

Gazprom is still the top Russian fuel & energy company. And it is the main company for Vladimir Putin, who remains the main player in the Russian politics and energy industry even though he has chosen to become prime minister.

Now that Putin has been replaced by the Kremlin’s controller of the gas monopoly, its chairman of the directors’ board Dmitry Medvedev, and Putin has promised to assume PM office, political environment does not seem to change much. Nevertheless, the corporation is facing serious objective challenges, from production issues to volatile relations with foreign partners. More especially as the turf war between the dominating Russian power clans is threatening to escalate with new force.

The new study draws results of Gazprom’s work under Putin the president and estimates future development of the main Russian company under Putin the prime minister and Medvedev the president.

It dwells on the following subjects:

• Possible reshuffle in Gazprom’s management structures

  • Dmitry Medvedev’s departure from the board of directors and arrival of new players
  • Arrival of Zubkov and his role
  • The fate of Chief Executive Miller and his team
  • Possible future relations with Putin’s Cabinet of Ministers
  • Intertwining of clans’ interests in Gazprom

• Production challenges

  • The threat of gas deficit
  • Consequences of gas prices’ liberalization
  • Transition to long-term contracts
  • The fate of new projects
  • The Eastern Program and the lack of a gas schema

• Transit challenges

  • «Central Asian Cartel» formation
  • Political crisis in Ukraine and risks for Gazprom.

• Corporation’s export strategy

  • «Going West» instead of partnership with China
  • Challenges of the energy dialogue between Russia and the USA

• Medium future projections

The contents of the report: