Gazprom goes under the knife

Headline: Gazprom goes under the knifeSource: EuromoneyDate: July 2001Author: Ben Aris         Bill Browder It was a pleasant and unexpected surprise. On May 30 in a boardroom showdown between president Vladimir Putin and Rem Vyakhirev, the chief executive officer of Gazprom – Russia’s gas monopoly and what the Russian press likes to […]

Headline: Gazprom goes under the knife
Source: Euromoney
Date: July 2001
Author: Ben Aris

       
Bill Browder
It was a pleasant and unexpected surprise. On May 30 in a boardroom showdown between president Vladimir Putin and Rem Vyakhirev, the chief executive officer of Gazprom – Russia’s gas monopoly and what the Russian press likes to call a state-within-the-state – Putin ousted what one investor calls “one of the more encrusted of Russia’s vested interests”.

“It was not just a fundamental victory, but a symbolic one,” says Dmitry Abdayev, an oil and gas analyst with United Financial Group, a Moscow brokerage.






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