By Katherine Griffiths
Last Updated: 12:52am BST 11/04/2007
Russian gas giant Gazprom aims to become the largest company in the world, with a market capitalisation of $1,000bn (£508bn) within a decade.
The target, unveiled by its deputy chief executive, Alexander Medvedev, underlines the global ambitions of the Russian natural gas monopoly.
Gazprom is already the world’s biggest gas producer, with more than eight times the energy reserves of US oil company ExxonMobil. Currently Exxon is the largest company in the world, with a market capitalisation of $440bn, but Gazprom aims to overtake its American rival. Mr Medvedev said: “We will reach a $1,000bn market capitalisation in a period of seven to 10 years. We’d like to be the most-valued and most-capitalised company in the world.”
Gazprom is worth $244bn at the moment – Shell and BP have market values of around $210m. A $1,000bn market capitalisation would exceed Russia’s total 2006 economic output, which was $975bn.
The company is at the heart of the plan by Russia’s president, Vladimir Putin, to use the country’s energy resources to bolster its influence abroad. The Russian government owns more than 50pc of the company. Gazprom took control last year of Royal Dutch Shell’s Sakhalin-2 venture, which plans to start shipping liquefied natural gas in 2008. It is also developing the Shtokman project in the Arctic, Russia’s largest untapped deposit of the fuel.
The company also wants to build on its powerful position in the gas market to expand into oil and other areas – potentially nuclear energy – and has been discussing with other gas-producing companies this week whether to create an Opec-style “gas cartel”.
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/04/11/cngazprom11.xml
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
