Growth

  • Natural Gas
    Russia Squeezes Beset Venezuela for Duty-Free Gas Growth

    Russia Squeezes Beset Venezuela for Duty-Free Gas Growth

    Russia’s state-operated oil titan, Rosneft PJSC, is removing concessions from crisis-ridden Venezuela to enter the offshore natural gas market on a budget, a possible headache for the U.S. and Europe. An agreement signed by Russia as well as Venezuela earlier this month will give Rosneft tax breaks to produce and export gas from Patao and Mejillones areas off Venezuela’s east…

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