A Rising Son

Screenshot_2019-10-25 rpe-5-harney-web pdf“Rosneft’s global expansion served a double purpose: first, to augment declining production in domestic brownfields with international projects, and, second, to contribute to Russia’s real and perceived geopolitical posturing.”

So wrote my son about Russia’s state-owned oil company in a piece published by the Foreign Policy Research Institute.

Billy’s piece explores how Rosneft has responded to Western sanctions by supporting major projects with the Nicolás Maduro regime in the Bolivarian Republic of Venezuela, the Kurdistani regional government in Iraq, the Arab Republic of Egypt and India.

I’m a very proud reader-father. Though I’m reminded I need to brush up on my international finance.

 

 

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