the Head of “RUSNANO” Anatoly Chubais in interview Forbes stated that strategic risk for the Russian Federation, which is depending on oil prices. According to the Chairman of the Board of the state Corporation, the current structure of the economy and technological order are clearly out of date.
“There is a famous cowboy saying: if the horse died, it must be off,” said the economist, explaining the analogy of the prospect of earnings on fossil fuel in the near future.
From the point of view of Chubais, the price of oil in 2020 is unlikely to rise above $40 per barrel, this was reported even in the most optimistic forecasts. And therefore to profit from the sale of raw materials as before, will not work. Even the cost of clipping, after which the income from “black gold” in the coming budget, set at $42.4 per barrel.
however, the head of “Rosnano” has criticized the expression “to get off the oil needle”, as it sounds is fifteen years old but still oil and gas in Russia, according to him, accounts for 20% of the gross domestic product (GDP), 40% of the budget and 60% of exports. The current situation in the Russian economy Chubais compared the alarm bell, noting that the situation in the future leads to a dead end.
Read the article: “Chubais Russia predicted a “severe problem” after the pandemic coronavirus”
