This is a CBS, I am the world. I'm John Bachelor. Russia, Gazprom, once upon a time, a dominating story at the beginning of the 21st century.

And then the war in Ukraine, Gazprom trading according to a Katarina Zolotova who writes for geopolitical futures, she's an analyst in Moscow, trading as low as a dollar

in change per share from a company that was making billions and trillions of dollars over the first many two decades of the

century. Now what is to be done? First we have to identify how widespread the problem is and what it has to do with the future.

A Katerina, a very good evening to you.

Gas problem, providing natural gas once Europe was its customer and now the Kremlin is looking for

other customers. The first choice is the domestic market. You report that it's now 75% of the country is gasified and it's being dominated by Gazprom.

They want Gazprom to dominate 100% gasification.

You write that Gas Prom is too big to fail.

What does that mean to the Kremlin?

Too big to fail?

Good evening to you.

Good evening.

Gas Prom is not only the company that extracts gas and

sells it outside. We need to understand that Gas Prom is a huge corporation. It also

includes the oil extraction. It also has a lot of additional companies that are connected to the

extraction and the refinery.

And what more, this is the company

that also has the bank,

which is very widely used for different operations. So this is a huge system that pays a lot of tax that employs a lot of people that sells a lot of outside.

So this is a very important organization not as on the as the gas extractor but also as the huge

corporation that can create the jobs that can create the product that can sell it

...