… is what I wanted the title to be for my new piece for The Moscow Times on why the privatization of Rosneft has been postponed, indefinitely. But it didn’t make the cut, so now it’s entitled Why the Kremlin Won’t Privatize Rosneft. Probably clearer what it’s all about this way.
I draw on a report (Rosneft as a NOC) from Oxford’s Institute for Energy Studies’s James Henderson and posit that Rosneft is the new champion of Kremlin’s energy policy (and power) and will in fact grow more under state control while previously announced privatization plans will be scrapped or downplayed into oblivion.
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