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Russian Rivalries: A Tale of Two Energy Firms

Sep 7, 2017 | 12:26 GMT
Russian President Vladimir Putin meets with Igor Sechin, the CEO of oil giant Rosneft, on May 17, 2017.

Russian President Vladimir Putin meets with Igor Sechin, the CEO of oil giant Rosneft, on May 17, 2017.

(YURI KADOBNOV/AFP/Getty Images)

Gazprom has long been the Kremlin's favored energy partner, holding a monopoly over Russia's piped natural gas exports. Gazprom's stranglehold on natural gas exports meant the Kremlin could use it as a tool in its relationships with former Soviet states, Europe and Turkey. But lower global natural gas prices, as...

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