Energy groups in Moscow

from my buddy

Obviously your biggest energy trader is Gazprom. They are all over the place.

Then you got your LukOil… I think you familiar with them.

There are a number of large energy producing companies with government acting as shareholder and that are run by oligarchs… I don’t keep up with the names but the data is in the public domain if you are really interested…

Then you got your commodities and metal trading houses…. Again, there aren’t that many of them, so it’s just a matter of doing a google search…

IB is a whole different ball game… Russian shops are not involved in physical commodities trading that much as far as I know as that turf is occupied by the producers and specialty shops. IBs serve in tradition role in the energy space – capital raising, M&A, trading, research, etc. The two big ones are Renaissance Capital and Troika… Both had tough time a couple of years ago, like every other IB during the crisis, but survived and are doing OK from what I tell…. There are a ton of smaller to medium size outfits as well… All your major international IBs and global banks have operations on the ground and developed decent books of biz… GS, JPM, Morgan Stanley, DB, etc… But again, these guys are mostly after the advisory biz and some trading / capital markets activities…

The hedge funds are booming there… Many are smaller type, but it’s an active market…

Don’t know if this helps you much…

Let’s grab a drink soon….