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The Kremlin is thinking of giving majority control of major oil fields to Chinese investors in order to develop energy reserves
Russia may consider allowing Chinese investors more than 50% stake in its strategic oil and gas fields, an official said last Friday to  The Moscow Times. The decision, a complete change in previous policy, highlights Moscow’s need for foreign investment in order to continue developing its aging oil and gas infrastructure.

In the past, Russia guarded control of its major oil fields, which represent the lifeblood of...

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