Chubais compared the dead horse and the oil market.
“Cowboy” saying he remembered the head of “RUSNANO” Anatoly Chubais, speaking about the “oil needle”, on which Russia sits. In an interview with “Forbes Quarantine,” he said that you can’t rely on oil and gas revenues.
He also noted that it is necessary to change the strategy of filling the state budget and choose a new economic benchmark to protect the country from strategic risks. Chubais stressed that now oil and gas — “the backbone of the economy”, the proceeds from the sale of these resources account for 20% of Russia’s GDP, 40% of the budget and 60% of exports. It was not until the present moment, he added — now due pandemiya coronavirus and the March failure of the transaction OPEC+ “rang the alarm.”
“All right! Good to talk about sisanie the oil needle. We have 15 years of hearing how you go. If you don’t peel, then a deadlock will come in long,” he said.
Earlier, Anatoly Chubais said that the Russian oil exporters are unable to meet the increase in import duties to EU countries of products with high carbon footprint, which is another “trap”. In order to avoid this danger, it is necessary to start reducing the carbon capacity of Russian oil and oil products. In General, according to him, not only domestic fuel and energy the property is under threat, but the Russian steel industry.
the popular expression “oil needle” stuck in the Russian journalism and politics around the beginning of 2000-ies, when the price of “black gold” reached levels above $100 per barrel and the welfare of the country largely due to oil and gas revenues.
In 2016 former Minister Finance and then head of Center for strategic development Alexey Kudrin said that Russia will be able to get off the “oil needle” in 10-12 years. “One of the options, which I think in 10-12 years we will be able to achieve, is that non-oil exports from Russia will exceed raw. I think it’s necessary. Only then we will speak about avoiding the oil needle”, he said.
In 2017, while the former head of the audit chamber Tatyana Golikova said about the positive changes in the Russian economy, despite the fact that it remains extremely dependent on the oil industry. “Unfortunately, we are on it (oil needle) sitting, although in some sectors there have been positive changes. These industries are diversified due to economic sanctions against Russia, such as agriculture,” she said.
Anatoly Chubais — one of the most unpopular in Russia people. At him, made an attempt, according to the politician, he was aware of three orders for the murder.
the Dislike of Chubais connected with his activities in States��indigenous posts in the “dashing nineties”, and in particular with the privatization and market reforms in 1991 — 1994.
the Mixed results of the first economic reforms made by Anatoly Chubais, one of the most prominent politicians of the 1990-ies, but the winged phrase “Chubais is to blame” firmly entered the everyday vocabulary of Russians. Chubais said then that one voucher would buy two cars “Volga”. This phrase, many Russians still consider as an example of deception by the authorities.
