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Montevideo, April 24th 2024 - 23:35 UTC

Tag: Chornomorneftegaz

  • Tuesday, March 18th 2014 - 06:34 UTC

    Russia eyes Crimea’s oil and gas reserves

    Crimea with Russian flags celebrating the outcome of the referendum

    According to Reuters, Crimea may nationalize oil and gas assets within its borders belonging to Ukraine, and sell them off to Russia. Crimea’s Deputy Prime Minister hinted at the possibility that it would take control of Chornomorneftegaz, a Ukrainian state-owned enterprise, and then “privatize” it by selling it to Gazprom.