Report  |  15 October 2012

Putin increases control over Russian energy

By Alexander Gusev

Russian President Vladimir Putin has recently created a new Energy Commission by which he is seeking to wrest control over the energy sector from the government of Prime Minister Dmitry Medvedev. This move will lead to a further strengthening of the role of the State in the Russian oil and gas industry. It is bad news for those who are hoping for a more transparent investment climate, argues Alexander Gusev, Research Fellow at the German Institute for International and Security Affairs (SWP).

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