RUSSIA'S HUGE GAZPROM STRUGGLES TO ADJUST TO NEW REALITIES

Mikhail B. Korchemkin Center for Energy & the Environment Philadelphia The Russian joint-stock company Gazprom, successor to Gazprom of the former U.S.S.R. and the world's largest gas company, faces a crisis of direction in the middle years of this decade. With recent memories of annual additions to its transmission pipeline capacity of more than 6,200 miles, Gazprom officials must face the economic and operational realities that call for rehabilitation projects rather than new construction.

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