That is encouraging
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Yes, because I'm certain Exxon has $40 billion laying around in Rubles.
Nonetheless, losing folks like Exxon, Shell and BP is going to take a hit to Russia's oil and gas sector. Do you think Gazprom will just takeover and begin operating places like Sackland? Not likely, there's a reason all that work got outsourced to companies in the West instead of keeping it solely Russian.
Whatever, enjoy your 20 year long economic depression.
Oh, and S&P downgraded Russia's credit rating to junk status.
I don't think so. Drilling in Sakhalin is over. Now is pumping phase for next 15-20 years. Whole infrastructure is ready. So, nobody is worrying here. Yesterday Gazprom's shares were even in +12% in surplus.
Political pressure will be easy after few months - after Russia got needed results in Ukraine, and investors will come back, because Sakhalin sells gas and oil to China nonstop.
Thanks for keeping us updated.
If 65% of Russians supported the "Military Operation", I wonder how many support the "Military Invasion"
If by chance "Operation" and "Invasion" mean the same thing, can we expect Ukrainian citizens to be running down the streets screaming..."The Russians are operating"..."the Russians are operating"???