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…as current extraction processes proved unprofitable in the new market economy. The area was also not immune to corporate crime and corruption during those “wild east” days: in one instance…

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The Russian Far East

…partnerships. South Korea and Russia, for instance, are collaborating on the construction of an industrial complex in Russia’s Nakhodka Free Economic Area and on the development of gas fields around…

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Igor Sechin

…striking deals, for instance, with Venezuela’s state oil company for a 40 percent stake in an oil production venture in the Orinoco river basin. Rosneft’s buying spree was also partly…

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