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Saturday, March 28, 2020

Fuck You, Mikhail Leontyev



https://www.washingtonpost.com/world/europe/venezuela-maduro-russia-rosneft/2020/03/28/0d38ce4a-7121-11ea-a156-0048b62cdb51_story.html#comments-wrapper

"Rosneft said it was selling its business in Venezuela to a company completely owned by the Russian government,"

"In February, the Trump administration announced sanctions against the trading and marketing arm of Rosneft, but not the parent company, Rosneft Oil. "

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"The Russian Federation controls Rosneft with just over 50% of its shares, while BP Plc is the second-largest shareholder with 19.75%, and Qatar’s QH Oil Investments owns 18.93%."


https://www.bloomberg.com/news/articles/2020-03-28/rosneft-exits-all-venezuela-projects-sells-assets

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https://www.seattletimes.com/business/russias-rosneft-oil-company-ceasing-venezuela-operations/

"Rosneft spokesman Mikhail Leontyev said the company’s decision was aimed at “protecting the interests of our shareholders” and that he expects the U.S. will now waive sanctions against its subsidiaries.

We really have the right to expect American regulators to fulfill their public promises,” he added in remarks carried by Russia’s Tass news agency."


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"The Chinese refiner is going a step further than most of its rivals by avoiding dealings with Russia’s largest oil producer, even though such trades aren’t prohibited. "

https://www.bloomberg.com/news/articles/2020-03-16/chinese-oil-refiner-says-no-to-crude-oil-from-russia-s-rosneft

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"Rosneft, Reliance, Repsol and Chevron have emerged as the main business partners for PDVSA since the United States imposed the steepest sanctions yet on the state-owned Venezuelan company last year.

Most of them share oilfields with PDVSA in Venezuela, and they also act as intermediaries for sales of Venezuelan oil to markets such as Asia. In 2019, Rosneft was the main receiver of Venezuelan oil, followed by China National Petroleum Corp -"


https://www.reuters.com/article/us-venezuela-politics-usa-warning/u-s-warns-venezuelas-maduro-not-to-interfere-with-juan-guaidos-return-to-venezuela-idUSKBN1ZZ2KP



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