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Gazprom pipeline: for years foreign investors have got around restrictions on owning shares in the Russian gas company through grey trading schemes. News of a crackdown hit its share price |
Foreign investment sentiment was already being battered by the Yukos affair, the Kremlin’s attack on what was Russia’s biggest oil company. However, waning confidence was dealt a fresh blow in August when a Duma deputy officially called for an investigation into ?grey? schemes used by foreigners to hold billions of dollars-worth of Gazprom shares.
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