The Kremlin intended to select multibillion -dollar assets in companies with the EU: what Moscow wants

The two largest European energy companies representing countries, which are called "unfriendly" in Moscow, found themselves at risk. In Russia, they are forced to select assets from European energy companies. Thus, Russian President Vladimir Putin has signed decrees that give the government the country with appropriate powers. Politico writes about it. It is reported that the Kremlin decree will create new Russian companies to give shares in the South Russian Oil and Gas Deposit.

These assets are now owned by Austrian OMV and German Wintershall. It is noted that these two largest European energy companies representing Moscow consider "unfriendly", together have a 60 percent share in the drilling area in the Far North of Russia. "Although theoretically, companies will receive compensation for their investments, the amount they receive from the sale will be determined by the Russian state.

This step marks the greatest confiscation of assets in the recent history of the country," the publication reads. Journalists emphasize that due to a full -scale war, which Russia began against Ukraine in February 2022, many energy companies decided not to continue their work in the Russian market. Some of them, such as Shell, BP, Totalenergies and Wintershall, Mokva presented difficult conditions for leaving the country.

The Kremlin's plan was to actually select Western business in favor of its companies. "Experts warn that the lack of Western investments in combination with the embargo on the supply of key equipment and technologies for exploration and drilling of oil and gas means that the flagship Russian sector of fossil fuel production is likely to face long -term reduction Prices for oil and gas, ”the journalists said.

According to Financial Times, Russia does not pay dividends to companies from a number of countries, including the United States, the United Kingdom and all members of the European Union. These states accounted for $ 18 out of $ 20 billion in Russia, as well as $ 199 billion from $ 217 billion. Moreover, the Kremlin's master Vladimir Putin successfully uses the exit of Western companies from the Russian market, making a huge profit from this process.

So, according to New York Times, Western companies that have declared their departure from Russia have announced more than $ 103 billion in losses since the Great War. "Putin squeezes as much as possible from the companies as possible, dictating the conditions of their exit. He also laid these outputs by constantly growing taxes, which brought at least $ 1. 25 billion in the last year to the Russian military treasury last year," the newspaper said.