How Will Gazprom Fare Without Its Biggest Cash Cow? ...Middle East

When senior managers at Kremlin-controlled natural gas producer Gazprom arrived in New York in February 2020 to present a business update to U.S. investors, the company had just wrapped up the best three-year stretch in its export history. Gazprom had delivered an average of nearly 200 billion cubic meters (bcm) of natural gas a year via pipeline to Europe, including Turkey -- one-third more than the average over the previous decade – and generated more than $120 billion in revenue over that period. The management team told the U.S. investors…

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