Rosneft and Gazprom ready to give Putin his ultimate weapon – control of worldwide energy sources
Sonia Joshi
Sep. 30, 2006

Rosneft and Gazprom is in the process of acquiring more oil and gas resources to control not only Russian but also global energy resources.

They will control soon more than half of Russian fossil based energy resources. That gives a tremendous power for Putin and Kremlin.

India, China and Eastern Europe will be soon dependant on energy from ‘Russian Oil Block’. China is already dependant on it. The Eastern Europe that rebelled out of Soviet Union ultimately realizes that in order sustain and achieve prosperity they need cheap energy resources. For them nuclear is not a viable option. Russian energy is what they to attract Western companies for outsourcing and achieve above average economic growth.

If Russian plans are implemented without a glitch, shrewd Putin will soon control more than 50% of the oil and gas reserves in the world. Most likely Kremlins next step will be a very close relationship with Canada and some of the countries in Middle East. That will make Russian Oil Block even stronger.

Rosneft and Gazprom ready to give Putin his ultimate weapon – control of worldwide energy sources
Sonia Joshi
If Russian plans are implemented without a glitch, shrewd Putin will soon control more than 50% of the oil and gas reserves in the world.
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