Gazprom Sinks Below $100 Billion For First Time Since ’09

OAO Gazprom (OGZPY) is valued at less than $100 billion for the first time since 2009 as concern Vladimir Putin’s natural gas producer is being mismanaged fuels a rout in its shares.

Russia ‘Losing Grip’ on China Gas Talks May Benefit EU, EON Says

China’s decision to boost natural gas deliveries from central Asia while supply talks with OAO Gazprom fail to produce a contract may keep Russia’s gas export monopoly reliant on European buyers, according to EON AG’s Russian unit.