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Then there is another area of activity - economic interaction between russia and the united states. right now, for example, it has already been made public that we signed a large deal to privatise one of our biggest oil and gas companies, rosneft. we know for sure that us companies, as well as japanese ones, by the way, are keenly interested in cooperation in russia's oil and gas sector, in joint work. this has immense significance for world energy markets and will directly affect the whole world economy.
-Vladimir Putin
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Then There Is Another Area Of Activity

Vladimir Putin
Then there is another area of activity - economic interaction between russia and the united states. right now, for example, it has already been made public that we signed a large deal to privatise one of our biggest oil and gas companies, rosneft. we know for sure that us companies, as well as japanese ones, by the way, are keenly interested in cooperation in russia's oil and gas sector, in joint work. this has immense significance for world energy markets and will directly affect the whole world economy.
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Topic
Oil Russia World

More From Vladimir Putin

Speaking about our largest oil company rosneft, and i recalled in the beginning that almost 20 percent of it [19.7] belongs to bp. who's company is that? british petroleum, isn't it? i suppose that is not bad. i have to tell that british petroleum's capitalization is significantly related to the fact that it owns more than 19 percent of rosneft, which has vast oil reserves both in russia and abroad. this has its impact on the company's stability as well.
Impact Russia Oil
Oil is a tangible commodity, so there is a global market. the fact that we may need less may affect the global price because we're big consumers: we probably take about a quarter of global demand. but if suddenly, let's just use a crazy example, fighting in the middle east led to the closure of the strait of hormuz and no oil could get out through the strait of hormuz, well that would affect china, india, europe, it will affect the whole global economy. it will affect us, too, then.
Crazy Fighting Europe
The russians are clearly already engaged in a proxy war against the government of ukraine. and that is something that we and the rest of the world have actively condemned and sanctioned russia already heavily for, particularly the united states, as we have imposed now meaningful, tough sanctions in critical sectors, including the defense sector, the financial sector, and the energy sector.
Meaningful War Energy
In the near future, despite the development of alternative energy, when you look at the economics and environmental standards, then there's no other source of primary energy in the world than natural gas. well, perhaps there is nuclear energy but there are also a lot of issues there and there are opponents of nuclear energy. gas doesn't have those opponents. but there is a country that is, obviously, the world leader in gas reserves. that's our country, the russian federation.
Country Leader Environmental
It is well known that russia has many interesting and promising developments in the military-technical sphere. we are ready to deliver the needed equipment and ready for joint cooperation in arms production with brazilian specialists. this is an area that is very closely linked to high technology in general. in this respect, we hope to develop closer cooperation between the scientific communities in our two countries.
Country Military Technology
In my humble opinion, non-cooperation with evil is as much a duty as is cooperation with good. but in the past, non-cooperation has been deliberately expressed in violence to the evildoer. i am endeavoring to show my countrymen that violent non-cooperation only multiplies evil and that evil can only be sustained by violence. withdrawal of support of evil requires complete abstention from violence. non-violence implies voluntary submission to the penalty for non-cooperation with evil.
Humble Past Evil
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