Mattybuoy

Move Over Exxon-Mobil, Here Comes Gazprom

There is no substantive political risk with Gazprom, since it is already majority owned by the Russian government. The only question might be will they ever want to take control of the minority that is held by US and UK investors. I don't know for sure, but since this minority provides a "gateway" for financing I doubt it.

Russia is extremely rich in natural resources but it remains poor in capital. So the Faustian deal with western finance will likely continue, IMHO.