Russian opposition politician Dmitry Goudkov (reads ‘Goutkoff’) comments on proposal of a Senior adviser of Russian government Alexey Kudrin advocating a reduction of the state’s share in Russian economy and even the privatization of the oil industry. “What kind of privatization in today’s Russia can we talk about? There is no combination of an effective…
Category: Energy
Rosneft lost case in European Court
The decision of the European Court of Justice approval of sanctions against Rosneft company will translate in heavy burden for Russian citizens – according to new legislation as the ‘victim’ of the Western sanctions the company will profit from considerable tax advantages. Europe’s top court upheld European Union sanctions on Russia over the Ukraine conflict,…
Russia to invest in windmills
Gazprombank will provide a loan of 64.6 billion rubles ($1.1 billion) to the Rosatom state nuclear corporation for the wind farms construction in Russia, according to the Rosatom procurement website, Russian Radio Sputnik reports. VetroOGK, part of Rosatom, will attract 64.6 billion rubles from Gazprombank in two tranches. The amount of the first tranche is to stand at 57.4 billion rubles,…
EUROPE DIPLOMATIC 