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by ivan_gammel
1573 days ago
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It would be such a gift at current share price. But Rosneft will probably become much cheaper. 1. Their current production capacity in Russia will decline, since they won’t be able to receive new equipment and spare parts. 2. Their exports capacity may be reduced if more sanctions will come. 3. Their cashflow will be heavily impacted by sanctions. They may not be able to receive money or spend them on domestic market (eg pay salaries). 4. Their foreign investments may be frozen or they may be forced to sell. |
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