More heat than light

The Kremlin is in two minds about Gazprom. It's a monolithic tool of Russian geopolitics but there are also plans to make it part of a more diversified, liberalized energy industry.

The official headquarters of Eural Transgas, a gas-trading company that handles Russian energy company Gazprom’s gas-transit business between Turkmenistan and Ukraine.

IT IS A slightly run-down but otherwise unremarkable residential block in the middle-class part of Cluj-Napoca, the capital of the Transylvania region of Romania. From the outside there is not much to distinguish the three apartments in the building from their neighbours.

But they are the official headquarters of Eural Transgas, a gas-trading company that handles Russian energy company Gazprom’s gas-transit business between Turkmenistan and Ukraine.

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