Economy
Rosneft is the world’s largest publicly-traded oil producer and one of the foremost instruments of Russian foreign policy. It is arguably the single most important factor in Russia’s relationship with Iraq. Venezuela is deeply indebted to the firm and Rosneft’s CEO Igor Sechin is a longstanding supporter of the Chavista regime. Last year the firm also completed its purchase of Essar, the largest ever foreign investment into India. However, Rosneft’s near-synonymy with the Russian state has also caused it significant …read more
Source: Intersection