Global Trade Alert
Global Trade Alert

Russia: RDIF to invest RUB 1 billion in the local critical technologies for the oil and gas sector

Announcement

26 Sep 2024

In September 2024, the Russian Direct Investment Fund reportedly announced an investment of RUB 1 billion (USD 10.79 million) in the local critical technologies for the oil and gas sector through a newly established fund "Technologies for the Oil and Gas Industry".

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

26 Sep 2024

Revocation date:

No revocation date

State aid, unspecified In force

On 26 September 2024, the Russian Direct Investment Fund (RDIF) reportedly announced an investment of at least RUB 1 billion (USD 10.79 million) in Russian companies developing critical technologies f...

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