Processing moves away from Russian Federation

Sanctions against Russian Federation and restriction of import of its oil led to loss controls the Russian companies over many foreign processing assets which only started bringing in them the good income against rather low prices of oil and high — on fuel. In the long term oil refineries in Europe can be either are nationalized, or sold to investors, capable to provide them with raw materials and financing. In most cases it is a question of the American or Middle Eastern companies. Photo: Bogdan Cristel / information agency "Reuters" By the end of the year three largest Russian companies — PUBLIC JOINT-STOCK COMPANY "OIL COMPANY "ROSNEFT", PUBLIC JOINT-STOCK COMPANY "LUKOIL" and PUBLIC JOINT-STOCK COMPANY "GAZPROM NEFT"...