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Russiaabout 6 hours ago·Stable·ELEVATED 50

Russia Mulls Abolition of Declarative Principle for Oil and Gas Licenses

The potential abolition of the declarative principle could lead to enhanced control over the energy sector, affecting economic stability and the country's geopolitical stance.

The head of the Federal Agency for Mineral Resources, Oleg Kazanov, announced that discussions are underway to abolish the declarative principle for oil and gas licenses in Russia. This move could significantly impact the management and regulation of the country's valuable energy resources.
50
Humanitarian10
Economic70
Security20
Political30
Confidence 48/100 — moderate corroboration

Read the original sources

TASS English

People

O
Oleg Kazanov

Organisations

Federal Agency for Mineral Resources

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