Sir, Before cutting off
alternative gas supplies of Ukraine, Georgia and other former Soviet states,
Gazprom managers studied the tactics of the old John Rockefeller. The latest
issue of Gazprom Journal confirms that the Russian gas monopoly considers
Standard Oil as a model.
"Success of any energy company
directly depends on the size of its business. John Rockefeller has proved it
when he created the world's first vertically integrated corporation, Standard
Oil," says the corporate publication.
Standard Oil was broken down by
the US Supreme Court about 100 years ago. I wonder if the European Union has a
judicial body strong enough to stop the new Standard Gas Company of Europe,
being built by Gazprom.
East European Gas Analysis
Malvern, PA 19355, US