How Putin projects as a modern-day Peter the Great

Russian energy giant Gazprom is reported to have been hit particularly hard by sanctions imposed as a result of the war with Ukraine. An internal report – obtained and published by the Financial Times – has forecast that the company is unlikely to recover gas sales lost as a result of Russia’s invasion of Ukraine for at least a decade.

But Gazprom chairman Alexey Miller is apparently pressing ahead with his plan to build an 82-metre triumphal column in front of his company’s landmark St Petersburg Lachta Centre skyscraper. The column will celebrate the defeat of Sweden in the Great Northern War, after which Russia declared itself to be an empire for the first time.

The conflict was fought by Russia at the head of a coalition including much of what would become Poland and Germany as well as Britain, by virtue of its king, George I, also being the ruler of Hanover. It pitted one of the dominant historical figures of the age, Charles XII of Sweden, against Peter I of Russia – also known by the epithet “the Great.”

On September 10, 1721, Russia and Sweden signed the Treaty of Nystad, which awarded Estonia and large parts of what is now Finland to Russia and enabled Peter to declare Russia to be an empire. St Petersburg, which the tsar had founded in 1703 at the mouth of the River Neva on the Baltic Sea, was the seat of the empire and would remain so until February 1917 and the abdication of then-Tsar Nicholas II.

So Vladimir Putin’s enthusiasm for the project could be said to reflect his own aspirations and ambitions for 21st-century Russia under his leadership. There are a number of parallels the Russian president is keen to stress as part of his projection of himself as a modern-day Peter the Great.

The first is his