Valery Nesterov
Valery Nesterov
annual chronic forecast growing growth next oil percent persistent rate reflects russian sector state
The forecast annual growth rate over the next 10 years of just over 1 percent reflects the chronic underinvestment that plagues the Russian oil sector because of persistent regulatory uncertainties and growing state interference,
bargaining goal russia
In a way, it's the same story. The goal is to put Russia in a better bargaining position.
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.
form future pile pressure russia saying
I don?t see where Russia in the foreseeable future can pile up these resources. Russia is saying it has markets. In a way, it?s a form of pressure on Europe.
process stop unpleasant
It is an unpleasant episode, but the IPO preparation process is not going to stop because of it.
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.