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Gazprom: is there life below $100bn?

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By Ben Aris of bne

It was only a few years ago that state-owned Gazprom was worth $350bn, making it the third most valuable company in the world. But as doubts have grown over the future of the Russian gas export monopoly-cum foreign policy tool, its share price has tumbled.

On April 2, its valuation dipped below $100bn for the first time since 2009, which will only heighten calls to break it up and put the firm on a more commercial basis.

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