Case study: Gazprom

Question 1

Example

Answer 1

Gazprom

Trans-Siberian pipeline

Question 2

Russia

Answer 2

51% owned by Russian state
Control 17% worlds reserve
TS pipeline = 4500km

Question 3

How Russia exert control

Answer 3

Following reforms in Ukraine
Russia increase oil prices x4

Disputes cut off Bulgaria, Hungary, Poland and Romania in 2009

2014 - Ukraine debt so shut off

Question 4

Rels with China

Answer 4

Power of Siberia pipeline

Unlocks the China market
30 yr contract
No CO2 emissions
Good for geopolitics
Affects China's US relations