CUTTING THE TENTACLES OF RUSSIAN ENERGY ‘OCTOPUS’. NOVATEK
DiXi Group starts a new series of materials aimed at exploring the foreign ties of key Russian energy companies for the elaboration of proposals for expanding sanctions limiting the international influence of the Russian energy sector. In this publication, we defined proposals on how Novatek’s tentacles could be effectively cut off by expanding the existing sanctions regime against Russia.
Novatek is the largest Russian private gas trader with close ties of its owners with the Kremlin. Even though new rounds of sanctions against the Russian Federation should have a profound indirect impact on Novatek activities, it is essential to look at all the tentacles of this Russian energy “octopus’ to see where they can be “cut off”.
Novatek’s tentacles sorted out
How to Cut Novatek’s tentacles
The paper was prepared with the support of the International Renaissance Foundation. The material reflects the position of the authors and does not necessarily reflect the position of the International Renaissance Foundation.