Gazprom's new weakness offers opportunity
Gazprom has gone from being a great commercial hope to an ailing giant. Gazprom`s owners need to face up to the crisis and institute reforms. READ MORE
RosGas AG to Control 20 Percent of Hungarian Gas Distribution
Barely nine days after the Hungarian gas trader Emfesz KFT announced that it will begin receiving supplies of 3 billion cubic meters annually from the Zug (Switzerland) based company RosGas AG, rather than the now inactive RosUkrEnergo (RUE) the Russian press reported that Emfesz has been sold to RosGas. Thus RosGas, a little-known company, now controls 20 percent of the Hungarian domestic gas distribution market. READ MORE
