Russian Involvement in Eastern Europe's Petroleum Industry: The Case of Bulgaria

Blue Ibex Ltd.
January 1, 2006
36 Pages - SKU: GMBP1259476
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Countries covered: Russia, Bulgaria

Russian Involvement in Eastern Europe's Petroleum Industry: The Case of Bulgaria

 
This report answers questions such as: as one of the largest foreign acquisitions by a Russian company occurred in Bulgaria, what lessons are applicable to charting future Russian downstream takeovers? Why have Eastern Europe and Western FSU countries been the primary focus of Russian acquisitions? What drives LUKoil (and other Russian oil companies) to pursue acquisition of assets in these regions? Finally, what is the stance of the Russian government in terms of promoting such acquisitions abroad? This series of reports establishes for the first time the confluence of Russian foreign policy with the acquisition of foreign energy assets by Russian entities. Nine specific country profiles focus on the oil, gas, electricity and nuclear power industries. Each report written by an author of international standing, explains how Russian foreign energy downstream mergers and acquisitions are transpiring to consolidate the new Russian empire.

Adnan Vatansever is Associate Fellow, Institute for the Analysis of Global Security (IAGS) and the author of a number of papers for Cambridge Energy Research Associates. He holds a B.A. in International Relations from the Middle East Technical University in Ankara, a Masters degree in Russian and Eastern European studies from Georgetown University's School of Foreign Service and he is currently a PhD candidate at the Paul H. Nitze School of Advanced International Studies, Johns Hopkins University.


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