" Gazprom’s decisions make perfect sense if the company is assumed to be run for the benefit of its contractors, not for commercial profit. The Power of Siberia, Nord Stream2 and Turkish Stream are all deeply valuede-structive projects that will eat up almost half of Gazprom’s investments over the next five years."
https://globalstocks.ru/wp-content/uploads/2018/05/Sberbank-CIB-OG_Tickling-Giants.pdf
" They are commonly perceived as being foisted on the company by the government pursuing a geopolitical agenda. A more important characteristic that they share, however, is the ability to employ a closely knit group of suppliers in Russia, with little outside supervision."
Note what company authored this report...
