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Market forces push Gazprom to soften its attitude
MOSCOW (AP) — Just a year ago, Gazprom seemed all-powerful. The Russian gas producer was the third-largest corporation in the world, sat on a hoard of cash and had single-handedly blocked gas to a large part of Europe in the middle of winter without fear of losing business.
A lot has changed since — with both Gazprom and its customers strapped for cash amid the global downturn, the Russian...
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