ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

OPECSubscribe to OPEC

Russia: Oil and Politics

Under Vladimir Putin Russia has followed an aggressive energy policy enhancing the contribution of the oil and gas industry in the domestic economy. But as private companies gain dominance through mergers and foreign collaborations, a conflict of interest may emerge between the state and oil barons. Russia has become a major player in the world energy sector and has used oil as a weapon to achieve its foreign policy objectives through energy pipelines.
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