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Hi Guys,

Gazprom hasn't been in the headlines lately, but still working behind the scenes to expand into new possibilities.

The world's biggest gas company is "carefully" looking at opportunities to expand into Israel in order to continue growing out its global distribution network.

Gazprom (OGZPY, quote), a bellwether of the Russian market for U.S. investors and, indeed, the entire world, has stepped up its rhetoric about launching a joint venture in Israel to exploit its potentially rich offshore natural gas resources.

rk (long OGPZY)
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