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Kstatida
1. Oil and gas companies over there are all multinational companies with huge assets abroad. Russian companies don't have that privilege, they mainly operate inside Russia. So you try to compare multinational giants with Russia-operating companies and say "our country is cool because TNC that operates in 50 countries is registered here". Like BP's revenues over there include Rosneft revenues as well, because BP is a major Rosneft investor. Is that a Russian or English revenues? So that's not how company benchmarking works.
-- surely your inability to multinationalise then causes your economy to underperform?
2. "And that's partly because, I suspect, that it's not viewed as a reliable partner because of the political interference."
That's really funny, because Russian companies, specially state-owned, don't break their contract duties because of political interference ever.
-- are you joking?
Great example to that is Russia supplying natural gas to Europe since 1962, with no breakdowns, no matter what happens, war or not.
-- debatable. Somehow the commercial decisions seem to align with the political ones these days. Eg Ukraine's gas.
So I guess it's more about projecting. You impose sanctions and shit, drop projects and then accuse US with "not being reliable partners". It's the other way around, we don't see you guys as reliable partners, you've betrayed us way too many times.
3. It's about different psychology. We don't view biggest revenue as something of value. Something of value is the well-being of people.
-- does their well-being include the right to criticise Putin? Does it include the right for families to talk about how their kids died on military "adventure"?
Like recently there was a proposal of revenue withdraw from the largest mining and metals company in order to invest them into infrastructure projects - [
www.bloomberg.com]. From the western POV, that's something really bad that makes our companies weaker, from our POV, that's a good thing that makes the country stronger. Long story short - you may measure company revenues all you want, we don't really give a shit about that benchmark.