Hillary Tells EU to Use MH17 Tragedy to Find Alternatives to Gazprom (dollar dumping gas giant)selfnews Post Moscow-based Gazprom is the largest producer of natural gas in the world and one of the globes largest companies. A few weeks back on June 26ththey announced that they would settle contracts with China using yuan or roubles instead of dollars. This move came about one month after Russia and China announced a record $400B gas deal. Thats a whole lot of dollars that wont be needed in the international economy. At the same time, many are now saying that the true reason for Israels brutal air-bombing and invasion of Gaza is to secure Palestinian gas reserves valued at $4B. In this context, it certainly looks like Western powers are making morally questionable moves to secure resources that are currently out of their control, a practice commonly known as expanding corporate empire by force. 