Dear Colleague,
We cordially invite you to the next wiiw seminar on
Tuesday, 28 February 2017, 5 pm
wiiw, Rahlgasse 3, 1060 Vienna, lecture hall (entrance from ground floor)
Russia’s energy sector and the western sanctions
Andrei V. Belyi
University of Eastern Finland, Centre for Climate Change, Energy and Environmental Law
Abstract
Last year was marked by a surprising privatisation deal in Russia’s oil and gas industry, between Rosneft and a Glencore-Qatar consortium. It demonstrated the ability of sanctioned companies to bypass the most harmful effects from restrictions on financial flows. The strategy of the buyers, in particular Glencore, whose past has been characterised by business in sanctioned states, remains unclear. As for the Russian hydrocarbon industry, can short-term financial solutions provide a way out of the sanctions predicament? In answering this question, important medium- and long-term problems need to be outlined, such as a deteriorating image abroad and weakening access to more innovative technologies.
We kindly ask you to register for the event. Participation is free of charge.
(Papers and presentation slides, as far as available, are posted on our homepage http://wiiw.ac.at/events.html after the respective seminars.)
Best regards,
Univ. Doz. Dr. Robert Stehrer Dr. Sándor Richter
Scientific Director wiiw Organiser
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Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw)
The Vienna Institute for International Economic Studies
Rahlgasse 3, A-1060 Wien
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