Kudrin: Russia’s oil sector should be privatized

Kudrin: Russia’s oil sector should be privatized
# 01 June 2017 10:08 (UTC +04:00)

Russia’s oil sector should be privatized within next 7-8 years, Former Finance Minister of Russia Alexei Kudrin said at the panel discussion of St. Petersburg International Economic Forum, APA’s Russia bureau reports.

 

According to him, the oil sector of the country is able to solve the problems without participation of the state: “Oil sector should be privatized within 7-8 years. We don’t need state companies in this sector. Status of state damages these companies and it has no effect”.

 

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