« 2006 Marked by the Rise of the Corporate State | Main | FT Rips Gazprom's Sakhalin Grab »

Statement on Gazprom's Takeover of Sakhalin 2

The Kremlin has once again used legal pretexts to cover what is essentially an expropriation of private resources in the energy sector. No one should be surprised that this is the result of the environmental review of Shell’s project.

Extortion is not permissible as a method of acquisition. The Kremlin ought to cease this behavior if it wishes downstream asset acquisitions in Europe to be welcomed.

TrackBack

TrackBack URL for this entry:
http://www.robertamsterdam.com/cgi-bin/mt/mt-t.cgi/90

Listed below are links to weblogs that reference Statement on Gazprom's Takeover of Sakhalin 2:

» FT Rips Gazprom's Sakhalin Grab from Robert Amsterdam
See Bob's comment on this news below. Today the FT is running an op/ed about the latest news out of Sakhalin. Here are some excerpts: Gazprom’s gas grab The Kremlin has once again forced the owners of a prize Russian... [Read More]

» Gazprom's Bullying Has a High Reputational Cost from Robert Amsterdam
In response to the news that Royal Dutch Shell has offered to give up control of the single largest energy investment project in Russia, Sakhalin II, to state-controlled Gazprom, observers in Europe and North America have reacted with a healthy... [Read More]

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

About

This page contains a single entry from the blog posted on December 11, 2006 6:49 PM.

The previous post in this blog was 2006 Marked by the Rise of the Corporate State.

The next post in this blog is FT Rips Gazprom's Sakhalin Grab.

Many more can be found on the main index page or by looking through the archives.

Powered by Movable Type 3.31
Hosted by LivingDot