Do you know the name Gazprom? If not, you may be in years ahead. It’s the name of Russia’s natural gas monopoly. The Russian government seems increasingly clear about using Gazprom as its primary foreign relations carrot and stick.
Will Russian President Dmitry Medvedev attempt to galvanize other gas producing nations into some anti-western lobbying force? I dunno, but as Medvedev said, “it is wrong to assume that the issue is dead.”
So stay tuned. Russia, along with Brazil, South Africa, India and obviously China are rising international players.