American Ethane Company website nor by its publications although these foreigners have significant interests in American Ethane. Finally, Konstantin Nikolaev is a partner and close associate of Vladimir Putin's inner circle through Igor Levitin, Alexey Mordashov, Arkady Rotenberg, and Gennady Timchenko. American Ethane Company American Ethane Company, LLC (AEC) is the largest producer of ethane in the United States. It is a Houston, Texas, based American petroleum company established in January 2014 with offices in New Orleans. It is privately held with large investments from Russian oligarchs who are close to Vladimir Putin's inner circle. As of July 2018, Konstantin Nikolaev, Mikhail Yuriev,
Arkady Rotenberg half of them in the Moscow area. SMP oversees the operation of more than 900 ATM-machines. SMP bank also became a leading large-diameter gas pipe supplier. Gazprom often appears to have paid Rotenberg inflated prices. In 2007, Gazprom rejected an earlier plan to build a 350-mile pipeline and instead paid Rotenberg $45 billion, 300% of ordinary costs, to build a 1,500 mile pipeline to the Arctic Circle. In 2008, Rotenberg formed Stroygazmontazh (SGM) with five companies he had purchased from Gazprom for $348 million. The next year the company earned over $2 billion in revenue. Rotenberg then bought Northern Europe