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Emergence of a Putin-sponsored Oil and Gas Aristocracy: Clans at War for Property

National Energy Security Fund , Oct 2009, Pages: 49


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Putin is imputed to launch active nationalization of the oil and gas sector. In reality we see a reverse process – assets are being privatized or prepared for privatization.

Thus, the task to nationalize the sector seems to be not on the agenda any longer. Nationalization was an interim transit phase in the process of changing owners in the oil and gas industry.

At first, assets were taken by the state and now they are to be transferred to other private owners. However, this process is not very fast.
Nowadays state companies receive a lot of privileges and licenses, which is like taking assets from one state pocket and putting them into another. However, there are private shareholders practically in all state companies and their stakes may rise. This is another way to privatize the industry.

In a new report you will find detailed answers to the following questions:

Main participants of the property redistribution process
- Changes in the layout of forces of major administrative and political groups

Conflicts between Gazprom and Rosneft over assets
- How state companies are “swelling” on the eve of a new stage of privatization

Surfacing of “oil and gas Atlantis”
- Unexpected exposure of shadow empires
- Motives and consequences of this process
- Sources of money to buy out state property

Creation of family clans in the oil and gas sector
- Prototype of a new aristocracy inheriting assets

Surfacing of “oil and gas Atlantis”
- Struggle for Gazprom Neft
- Transfer of assets out of Gazprom

The future of private oil and gas companies
- Strategy of their survival
- Secrets of Surgutneftegaz
- LUKOIL’s path
- Possible fate of the Tatar and Bashkir oil and petrochemical sector


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This title is also available in the following language

Emergence of a Putin-sponsored Oil and Gas Aristocracy: Clans at War for Property (Russian Version)



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