Valery Nesterov

Valery Nesterov
becoming energy key message russia security source wants
Russia wants to make energy security its key message to the G8 community, and simultaneously it is becoming a source of danger, intentionally or unintentionally.
algeria companies dominates gives mostly ownership private pump push state
It would still be bearable, as long as private ownership dominates and gives a competitive push to the state companies, ... And besides, worldwide, it is mostly state-owned companies that pump oil, be it in Saudi Arabia, Iran, Algeria or Mexico.
contract direct gas gets instrument left less means pressure russia signing ukraine
The signing of this contract means that less gas will be left for Ukraine -- for their direct purchases. In this gas dispute, Russia gets another instrument of pressure over Ukraine.
both dependent european gas natural oil point russia terms
The point is that Russia is too dependent on the European market, both in terms of oil and natural gas exports.
process stop unpleasant
It is an unpleasant episode, but the IPO preparation process is not going to stop because of it.
form future pile pressure russia saying
I don?t see where Russia in the foreseeable future can pile up these resources. Russia is saying it has markets. In a way, it?s a form of pressure on Europe.
bargaining goal russia
In a way, it's the same story. The goal is to put Russia in a better bargaining position.
annual chronic forecast growing growth next oil percent persistent rate reflects russian sector state
The forecast annual growth rate over the next 10 years of just over 1 percent reflects the chronic underinvestment that plagues the Russian oil sector because of persistent regulatory uncertainties and growing state interference,