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How Russia's privatization plans withstand the latest corruption scandal

Commodities | Electricity | Energy | Nuclear | Energy Transition | Natural Gas | Oil | Crude Oil | Refined Products | Metals | Steel | Petrochemicals

Market Movers Europe, Feb 22-26: Platts London Energy Forum and IP Week at the fore


Platts Market Data – Oil

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37th Asia Pacific Petroleum (APPEC 2021)

Natural Gas | NGL

E&Ps Pioneer, Centennial see their winter-storm downed oil and gas output restored within a week


Insight from Moscow: Russia's strong economic position among OPEC+ members underpins its negotiating power

Listen: How Russia's privatization plans withstand the latest corruption scandal

The arrest of Russian Economy Minister Alexei Ulyukayev, accused of receiving a $2 million bribe for supporting Rosneft's acquisition of a 50% stake in Bashneft earlier this year, came as a shock to the market. The corruption scandal, involving a key player in the privatization process, raised a whole string of questions that are yet to be answered.

Nadia Rodova, managing editor at S&P Global Platts bureau in Moscow, Rosemary Griffin and Nastassia Astrasheuskaya, Moscow-based editors for oil news, discuss what impact the development could have on the planned privatization of a 19.5% stake in Rosneft and on investors' sentiment more broadly.

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