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Just ask Shell or Yukos or Ukraine. Don't even mention it to ExxonMobil. When he's not skating, Medvedev is deputy chairman of Gazprom's management committee and general director of Gazpromexport, Gazprom's export arm, which accounts for 80% of the revenue of the world's second largest energy company and supplies a quarter of Europe's natural gas--and 100% of Belarus'. Medvedev's remark hit home for his fellow hockey buff and adversary--the forward who had tripped him up so uncouthly, also known as the President of Belarus, Alexander Lukashenko. On a tense New Year...

Author: /time Magazine | Title: Heavy Hitter | 5/17/2007 | See Source »

...Russia (UGSS) that supplied the old Soviet empire. "One of the mistakes that our so-called reformers made was having the UGSS sadistically dismembered," he explains to TIME, sitting back, pin-striped and relaxed, in his techno-style office that dominates the ninth floor of the posh new Gazpromexport headquarters in downtown Moscow. His disdain of the architects of Russia's early market reform is de rigueur for top executives under President Vladimir Putin. Medvedev isn't finished. He says Gazprom wants to reintegrate into this system all national gas transport and distribution networks of the former Soviet republics, although...

Author: /time Magazine | Title: Heavy Hitter | 5/17/2007 | See Source »

Medvedev is the paragon of a top corporate-statist-technocrat executive for the new Russian corporate state. Prior to 2002, when he came to head Gazpromexport, Medvedev had never been involved with natural gas. Born in the far eastern island of Sakhalin to the family of a Soviet air force officer, he left the island in his teens. In 1978, upon graduation from the fabled Phystech, Moscow's Institute of Physics and Technology--Russia's answer to M.I.T.--Medvedev, who majored in automated control systems, got a job with the Institute of World Economy and International Relations (IMEMO...

Author: /time Magazine | Title: Heavy Hitter | 5/17/2007 | See Source »

Medvedev's pro-Putin maneuvering and his willingness to leverage supply power has made him a top gun at Gazprom. And more important, he who controls Gazpromexport controls Gazprom, says Mikhail Krutikhin, chief analyst for RusEnergy, Russia's authoritative energy think tank. Though Gazprom CEO Alexei Miller is also a Putin man, Medvedev was installed directly by the Kremlin independently of Miller, Krutikhin maintains. Both toe the same line, but the Kremlin runs them separately. Mutual mistrust makes for cooperation, to paraphrase Stalin...

Author: /time Magazine | Title: Heavy Hitter | 5/17/2007 | See Source »

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