Rosneft’s Middle East Strategy Explained

Where some see hardship, others see opportunity. Russia’s most valuable export products are oil and gas of which the top producers are Rosneft and Gazprom, respectively. The latter’s dominant position on the European gas market has put it in the spotlight as a foreign policy tool of Moscow after the crisis in Ukraine and the annexation of Crimea. Rosneft, on the other hand, has had fewer setbacks while propping up its engagement in multiple countries on several continents. The impact of these deals could have a far-reaching effect on…