Few companies have received as much increased name recognition in the past couple weeks as Gazprom (OTC:OGZPY). Unfortunately, it's not the good kind of name recognition. Gazprom is the largest energy producer in Russia, and exports oil and natural gas to Europe.

Right now, the company is at the center of the Ukrainian crisis, as it's both majority controlled by the Russian government, and supplies the commodities that western powers are threatening to put sanctions on.

As a result, fear has set in around the company. The biggest risk here is political rather than financial. It's unlikely that any giant earning as much as Gazprom would just collapse, but the Russian government could take steps that would significantly reduce the value of privately held Gazprom shares.

I view the Ukrainian crisis as an opportunity to acquire Gazprom shares at a bargain basement multiple, and begin collecting a dividend.

What does Gazprom needs to know that they are dealing with financial, as well as political, risks.

1 calculate the political risk inherent in this international venture. Choose mitigating strategies and justify your choices. Document the analysis in a political risk analysis and mitigation report. ..

2 | Outline and develop Gazprom"s contingency plans for the following political risks: insurrection, expropriation of assets and infrastructure failure. Highlight the specific differences in the plan pertinent to each risk situation.