Gazprom to raise its own private army

so, er, anybody else getting a rather nasty "cyberpunk" jolt after reading that Gazprom is going to become a military power? I mean, obviously companies have been contracting help from other companies for a while, nothing new there, but it's the precedent that boggles the mind. If corporations are allowed to field their own forces in defense of their oil assets, that sets the precedent for them doing it for other assets, and raises the question of if and when a corporate army squares off against the assets of some (probably semi-failed) state.