CUTTING THE TENTACLES OF RUSSIAN ENERGY ‘OCTOPUS’. ROSNEFT
DiXi Group continues the 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 Rosneft’s tentacles could be effectively cut off.
State-owned enterprise Rosneft is the biggest oil producer in Russia, the biggest taxpayer in this country and a company with many assets abroad. The new rounds of sanctions against the Russian Federation should have a profound direct impact on Rosneft activities.
Nevertheless, it is essential to look at all the tentacles of this Russian energy “octopus’ to see where they additionally could be “cut off” to prevent the creation of loopholes in the sanctionative regime.
Rosneft’s tentacles sorted out
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.