So far, 2018 has been a good year for Gazprom. The Russian state-owned company is the biggest investor in oil and gas projects in the world with $160 billion worth of investments . With the price of hydrocarbons rising, the company’s earnings have received a significant boost. Most importantly, however, Gazprom has seen an end to its legal battles with the European Commission. The Russian energy giant is investing in additional pipeline infrastructure to the east and west. The construction of Nord Stream 2 is continuing despite frictions between the U.S. and its ally Germany, and opposition from Eastern Europe. The first phase of Turk Stream for the domestic Turkish market has been completed while the second pipeline for the European market is under construction. In the east, the highly publicised ‘Power of Siberia’ pipeline to north-eastern China is on schedule to be completed on time. The three projects […]