The film “No More Mr. Nice Guy” is one of the best German road movies. After a madcap journey, the story ends unexpectedly with the heroes at the banks of the quietly flowing River Don in Russia.
The script could be a model for Gazprom, the world’s largest gas company. “No More Mr. Nice Guy” appears to be the new maxim of Alexey Miller, the firm’s chief executive. It seems he’s adopted it partly as an act of defiance, and partly as a necessity.
Gazprom, despite Mr. Miller’s efforts, has reverted to a Kremlin-controlled company that is almost 100 percent a political entity.
Mr. Miller, who has been CEO since 2001, had tried to reposition the gas giant, delighting Western shareholders and industry partners. But those times are gone.
Things have been different since Russia annexed Crimea a little over a year ago. Mr. Miller, who has led Gazprom for as long as his benefactor Russian President Vladimir Putin has sat in the Kremlin, is once again maneuvering to represent political interests.
It should be noted that Russian leadership is not solely to blame. The European Union has never developed a constructive relationship with Gazprom, though the gas company hasn’t made it easy for Brussels with its constant calls for exemptions from the rules.