FSUOGM Week 43 2019
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Issue 1050 30•October•2019 Week 43
Arctic tax breaks
Russia is preparing to grant a package of tax breaks to Rosneft to support Arctic oil projects, putting further strain on the budget.
Russia’s Africa initiative
Russian companies and African states signed a number of new memoranda last week in Sochi.
Surgut’s mystery rally
The shares of Russian fourth largest oil producer leapt by a third on October 23 in the second big jump in valuation this year, and the reasons are unclear.
Still no deal
Russia and Ukraine have met again for talks on future gas transit, without a deal still not in sight.
