“Gazprom is not a state company; it’s the president’s personal company,” says Vladimir Milov. “It’s a bunch of people from St. Petersburg enjoying the windfall.”
Yukos
Putin’s China Visit Helps Russia Become Global Energy Supplier
Russia agreed to supply China with oil for 20 years in return for a $25 billion credit. The total value of oil deals signed with Chinese companies this year is about $100 billion.