Russia's Largest Public Companies 2019: Sanctions No Match For Oil & Gas

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Russia has 21 companies on this year's Forbes Global2000 list of the world's top corporations—and 7 of them are oil and gas companies

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All seven of the Russian oil and gas firms on the Global 2000 have moved up the ranks this year. Gazprom is Russia's largest. It's ranked as the 40th largest corporation in the world, up from 43 the previous year. Both Gazprom and Rosneft are state-owned enterprises. Most oil and gas firms in Russia are. But two of the most well known private players, Lukoil and Novatek are no slouches. Both are an integral part of the domestic and global oil and gas industry. Novatek is becoming a huge player in Siberian liquefied natural gas. It has the Yamal LNG project under construction and a sister project, Arctic LNG, still on paper.

"This is a company that has more of a political strategy in many cases than a pure business motive for its spending," says Hess. Rosneft is a big funder of the Venezuelan government. They lent its oil firm PdVSA $1.5 billion back in December 2015. In exchange, Venezuela pledged its 49% stake in Citgo.

Unlike his peers Miller and Sechin, Novatek CEO Leonid Mikhelson is not sanctioned by the U.S. Treasury Department. Novatek is one of the largest independent natural gas producers in Russia. Their Yamal LNG terminal kicked off in 2017. It is still expanding. Photographer: Andrey Rudakov/Bloomberg photo credit: © 2018 Bloomberg Finance LPOn Tuesday, Senators led by Ted Cruz of Texas introduced yet another anti-Russia sanctions bill. Target: Gazprom's Nord Stream II.

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😠 Выручка рассчитывается за рубежом и в личных счетах. В то же время у них все еще есть налоговые льготы (фактически, они не платят налоги) - все потери (включая надуманную «упущенную выгоду») от санкций на 100% компенсируются потерями Путина, опять же из бюджета!

👎 The proceeds are settled offshore and in personal accounts. At the same time, they still have tax benefits (in fact, do not pay taxes) - all losses (including far-fetched 'lost profits') from the Sanctions - 100% are compensated for by Putin’s scum, again from the st. budget!

Did you say seven?: Gazprom, Rosneft, Lukoil, Novatek -- this is not seven, where is the other three? 🤔🤔🤔

👎 Сколько заплатили вам эти ублюдки - враги Родины, марионеточные глобалисты, за эту маленькую бравурную статью ?! Почему вы не расскажете мне о том, как эти гики для государства (народные) средства и используя ресурсы страны - вывозят все за пределы России.

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