Sarkozy checks Medvedev's Gazprom with his GDF Suez move

Implications: Sarkozy has smartly created a French energy giant by the tacit approval of the merger of Gas de France and it's natural gas rival Suez SA, now known as GDF Suez.  While the French government controls 36% of GDF Suez, the shareholders voted more than 99% in favor of the merger.  This level of shareholder support gives CEO Gerard Mestrallet the freedom to expand and make money for GDF Suez. A a matter of fact "CEO Mestrallet fires up French energy giant", according to todays WSJ on pages B1 and B2.  

Analysis: Former French president Jacques Chirac did not have the courage to play chess with Putin.  But Sarkozy has elan and checked Medvede's Gazprom's intentions of Europe's complete dependence on Russian natural gas ("NG"). GDF Suez do not own significant gas resources but have the largest long term LNG contract portfolio of any world class utility and power company with the following LNG players: