Gazprom, a name that sends shivers down the spines of policymakers in Washington and Brussels, is displacing Western (especially Anglo-American) oil and gas giants in more and more parts of the World. Russia's largest company is the world leader in energy exportation and natural gas exploitation. Gazprom – a state-owned company, of which Russian President Dmitry Medvedev has once been chief executive – is also a direct extension of the Kremlin's foreign policy.
In fact, Russia is now in many ways the “Gazprom Nation” and when it signs a new contact with a foreign government, it is Moscow's influence that spreads itself a little more, confirming its new status as a energy superpower, one energy agreement at a time. (see Pepe Escobar's Globalistan: How the Globalized World Is Dissolving Into Liquid War, p.213)
Russians are Coming to Town
Consequently, it should not have been a surprise for anyone when last year, Gazprom stated its interest in participating in the Rabaska $840 million terminal and regasification plant near Quebec City, after the provincial government finally approved the highly controversial project. Gazprom's participation gives Rabaska an incontestable long-term viability.
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