FSUOGMWeek 10 2020
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Issue 1066 11•March•2020 Week 10
Zero sum game
Russia and Saudi Arabia are locked in another supply war, at a time when demand is weak because of the COVID-19 crisis.
Arctic tax relief
Moscow plans to introduce more tax relief to encourage the development of Arctic, petrochemical and LNG projects.
OMV, Gazprom stall gas deal
Austria’s OMV and Russia’s Gazprom have delayed the closure of a deal on a Western Siberian gas partnership.
JKX exits Hungary
Ukraine’s JKX has sold its Hungarian business as it looks to focus more on its core operations in eastern Ukraine.