Gazprom Has Napoleon Plans To Be No 1

Gazprom expects to be the world’s largest company in 7-10 years, CEO of the Russian natural gas monopoly Alexey Miller told journalists on Friday. He had stated earlier, on June 10, that the company’s capitalization would reach $1 trillion in 7-8 years, which would make it the world’s largest joint stock company.

At present, Gazprom is the world’s third largest company by capitalization. It has total hydrocarbon reserves of almost 30 trillion cu. m. The capitalization of Gazprom is 46 time greater than its level in 2000.