Valery Nesterov
Valery Nesterov
algeria companies dominates gives mostly ownership private pump push state
It would still be bearable, as long as private ownership dominates and gives a competitive push to the state companies, ... And besides, worldwide, it is mostly state-owned companies that pump oil, be it in Saudi Arabia, Iran, Algeria or Mexico.
bargaining goal russia
In a way, it's the same story. The goal is to put Russia in a better bargaining position.
both dependent european gas natural oil point russia terms
The point is that Russia is too dependent on the European market, both in terms of oil and natural gas exports.