The Making of a Monolith
Not much need to comment on this, as Putin consolidates his control over the pipeline infrastructure.
BBC NEWS | Business | Russian pipeline firms to merge
Transneft, which carries 93% of Russian oil and supplies much of Europe, is to combine with Transnefteprodukt (TNP) in five months, government officials said.
Analysts say the combined business, to be 75% owned by Moscow, could have more clout internationally.
