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ROSNEFT: CUTTING THE TENTACLES OF RUSSIAN ENERGY ‘OCTOPUS’

30 May 2022

Exploring the foreign ties of key Russian energy companies for the elaboration of proposals for expanding sanctions

ROSNEFT: CUTTING THE TENTACLES OF RUSSIAN ENERGY ‘OCTOPUS’

State-owned enterprise Rosneft is the biggest oil producer in Russia, the biggest taxpayer in this country and a company with many assets abroad. The new rounds of sanctions against the Russian Federation should have a profound direct impact on Rosneft activities.
Nevertheless, it is essential to look at all the tentacles of this Russian energy “octopus’ to see where they additionally could be “cut off” to prevent the creation of loopholes in the sanctionative regime.

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Rosneft’s tentacles sorted out