Weaponizing Ukraine: India can fill the vacuum? – 30 Mar 2022

The weaponizing of the Ukraine war by western oil & gas corporates have resulted in the exist of key western multinationals from Russia.

Which are the oil companies which have exited Russia

How much oil & gas production did they control

Who will now control these assets?

Asian companies now have an increasing share of Russian oil & gas equity, so how much hydrocarbons do they control?

What kind of opportunities can Indian oil & gas companies have if they want to fill up some of the vacuum?

Also, what about service companies? What will their withdrawal entail? Will it impact Russia badly?

The point to note is that companies such as Gazprom, Rosneft and the others are more than capable of maintaining output at traditional Russian oilfields in the heartlands of European Russia and West Siberia

Here is a full update on this, and it is a must-read for those interested in the global oil & gas sector

Opportunities now abound for Indian oil & gas majors but are they geared up to take advantage?