Gazprom accused in trouble

Gazprom is the backbone of the Russian economy, the number of workers employed reached nearly 500,000, almost anywhere in Russia has its presence. According to economists' estimates,Fracturing proppant Russia for 60% of national income in the tax on fossil energy and other income, while Gazprom Exports accounted for 12% of Russia's total exports.
However, according to the United States to say, this company has been in trouble and could not get rid of the long-term. Russian official's report also showed that the company's revenue continued to decline, while expenditure is no clear cut. Former Russian Deputy Energy Minister Vladimir Miluo Fu said: "It is the most valuable asset from Russia to become Russia's biggest problem."
Of course, the Russian gas company or the very wealthy,Proppant last year reported revenue of approximately $ 44 billion. However, the company's revenue in 2012 dropped by more than 23 percentage points. Even Russia's Deputy Minister of Economic Development Andrei Keliepaqi also said that shale gas development caused by price competition, the Russian Gazprom earliest possible in 2014 plunged into a serious crisis.
Some U.S. analysts have pointed out that the Russian gas company's production has been stagnant for some years. U.S. domestic shale gas development efforts, but also lead to increased supply of natural gas, the global natural gas prices fall. European countries from the Middle East can now be a more attractive price to buy liquefied natural gas, at the same time they are also trying to tap their potential for  shale gas  development. All of these factors have made the Russian gas company under pressure.