Saturday, March 8, 2008

Russia’s oil and gas giant Gazprom may fund 2012 Olympics

Gazprom, the Russian state-controlled energy group, could become a sponsor of the London Olympics.

The company has held talks with the International Olympic Committee (IOC) with a view to becoming one of 12 potential “global” sponsors after the Beijing Games this summer.


Gerhard Heiberg, chairman of the IOC’s marketing commission, flew to Moscow last November and is expected to meet Gazprom executives again later this month.

If a deal is struck it will come at a time when diplomatic ties between Britain and Russia hang in the balance. Gordon Brown is hoping that relations will improve following the election of Dmitry Medvedev as Russia’s new president.

My personal comment here; Has anyone noticed how the Soviet Union is coming out of poverty, building its military defense and weaponry up, and doing quite well these days, where are they getting the money, oil, wheat, and luxeries they didn't have before? I think Iran and China have been making deals with them in exchange for their scientific data, expertise, supplies, nuclear material and related data. So what do we do now?

Times of London

Jim

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