Russia Targeting Oil Assets in Poland and Lithuania
On October 30, Poland announced its intention to privatize the state-owned majority stake in the country’s second-largest oil industry concern, Lotos Group. The Polish government is inviting interested parties to pre-tender talks on the Lotos Group. READ MORE
Russia Plans Increased Energy Exports
Senior Russian officials have made clear that the country’s energy policies will continue to evolve around the nexus of ambitious export plans. The government pledged to make the country’s gas exports more flexible. Russia’s total gas exports will include 10 percent of liquefied natural gas (LNG) by 2020 and 15 percent by 2030, Prime Minister, Vladimir Putin, announced on September 17. The global demand for hydrocarbons will be increasing in the next decade according to Putin. READ MORE
