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If/when US sanctions are lifted, then the largest oil/gas deal (Exxon/Rosneft) goes forward. An ice-free Arctic beckons ... | If/when US sanctions are lifted, then the largest oil/gas deal (Exxon/Rosneft) goes forward. An ice-free Arctic beckons ... | ||
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Revision as of 13:35, 9 June 2017
If/when US sanctions are lifted, then the largest oil/gas deal (Exxon/Rosneft) goes forward. An ice-free Arctic beckons ...
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Christopher Ray, the next FBI director?
June 8, 2017
USA Today
The most troubling issue that Wray may face is the fact that his law firm — King & Spalding — represents Rosneft and Gazprom, two of Russia’s largest state-controlled oil companies.
Rosneft was prominently mentioned in the now infamous 35-page dossier prepared by former British MI6 agent Christopher Steele. The dossier claims that the CEO of Rosneft, Igor Sechin, offered candidate Donald Trump, through Trump’s campaign manager Carter Page, a 19% stake in the company in exchange for lifting U.S. sanctions on Russia. The dossier claims that the offer was made in July while Page was in Moscow.
Rosneft is also the company that had a $500 billion oil drilling joint-venture with Exxon in 2012, when Secretary of State Rex Tillerson was Exxon’s CEO. However, the deal was nixed by President Obama in 2014, when he imposed the sanctions that crippled Russia’s ability to do business with U.S. companies. The lifting of sanctions by the Trump administration would enable Exxon to renew its joint venture agreement with Rosneft, and the law firm of King & Spalding could end up in the middle of the contract negotiations between those two companies.
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