Soros is right to be scared of Russian monopolies

The word from Moscow is not to expect a bid from Gazprom for Centrica any time soon, but don’t expect the tale to go away. Gazprom has an ambition to supply 20% of the British gas market, and so the comments by George Soros yesterday on the true nature of Russia’s state-controlled energy companies deserve to be heard.

His prime concern is the danger of allowing Rosneft, the oil company, to float in London, but his analysis applies equally to Gazprom. Both companies are in effect controlled directly by Moscow.

Guardian