I agree with Sergey Khastanov.
But is Russia ready for a sharp increase in competition on the markets - in fact, for a brutal price war!?
After all, we still have almost nothing to do to implement full-scale diversification of the local mining complex [this is when a vast community of thousands is added to the existing army of vertically integrated major oil companies! Oil and gas production companies (NOCs) that are not integrated into vertically integrated oil companies and are not related to vertically integrated oil companies or the state - small but flexible, adapt quickly to market changes, focus on innovation, and if the state creates adequate conditions for them, constitute a real driver for the development of a competitive environment in the oil industry], which will allow us to solve the problem of our base in the direction of a sustainable base (MSB).
After all, as the global advanced practice shows, relatively small NOCs, engaged only in the exploration and production of raw materials, are more efficient than other underground users in the development of small and thin deposits, of which there are more and more of them in local SMEs every year.