Source Pravda.Ru

Yukos head does not believe foreign investments in Russian oil and gas sector are necessary

Head of the YUKOS oil company Mikhail Khodorkovsky believes that foreign investments in the Russian oil and gas sector are desirable but not necessary. He said this at a plenary meeting of the World Economic Forum's Moscow session on Friday.

"We welcome investments in the oil and gas sector. This raises the cost of our assets. But it should be stressed that investments on a competitive basis are desirable and welcomed. The word necessary is unacceptable in this case," Khodorkovsky said.

In his opinion, the oil reserves in the Russian Federation have been "underestimated." "They account for no less than 150 billion barrels but the adopted figure is 50 billion barrels," the YUKOS head pointed out.

© &to=http://www.rian.ru' target=_blank>RIAN

Comments
Venezuela: Once again, interference from the USA in Latin America
Venezuelan President Maduro: USA fatally obsessed with Russia
Russian government prepares to get rid of US dollar in economy
Russia's long-range Bastion system follows USS Carney in Black Sea waters
Russian government prepares to get rid of US dollar in economy
Russian government prepares to get rid of US dollar in economy
Russian government prepares to get rid of US dollar in economy
Turkey desperately tries to rescue its national currency as it falls to all-time lows
Turkey desperately tries to rescue its national currency as it falls to all-time lows
US sanctions to kill Russian banks and sovereign debt?
Russia builds new robotic tank invulnerable to mines
Russia builds new robotic tank invulnerable to mines
Russia starts Star Wars first. USA concerned and puzzled
Turkey and USA take their relationship to breaking point
US sanctions to kill Russian banks and sovereign debt?
US sanctions to kill Russian banks and sovereign debt?
Details of Putin-Merkel surprise meeting unveiled
Turkey and USA take their relationship to breaking point
Iran shows new ICBM that can evade radars
US refuses to explain reasons behind new 'draconian' sanctions
Russia starts Star Wars first. USA concerned and puzzled