From two other gas producers: Novatek, established in 1994, and Rosneft, established in 1993. Many argue that the way forward involves the splitting up of the business into parts – the pipeline...

From two other gas producers: Novatek, established in 1994, and Rosneft, established in 1993. Many argue that the way forward involves the splitting up of the business into parts – the pipeline business from the gas production – but as this case study shows, the situation is a complex one where market forces are not the most important factor.