government, it s state controlled. the guy in charge of saudia ramco is the state oil minister of saudi arabia. his government job is running saudia ramco. same deal with the national iranian oil company. the guy in charge there is the state oil minister. you ll find the same thing at all of these giant state-run government-run oil companies in almost all the big oil-producing around the world. it s the kuwait petroleum corporation and the abu dhabi national oil company and petro china. in russia it s rosnaft, it s the state run oil company of russia. it s not run by a random ceo who worked his way up through the company. it s controlled by the kremlin, it s controlled by vladimir putin so he put his former deputy prime minister in charge of it. somebody he goes way back with. he and vladimir putin served in the kgb together. so, yeah, putin put him in charge of the state oil company. i mean, here in the united
that. i mean, the granddaddy of all of them is saudia ram co-. saudia ramco is the biggest oil company in the world. it s the biggest company in the world. it s owned by the saudi government, it s state controlled. the guy in charge of saudia ramco is the state oil minister of saudi arabia. his government job is running saudia ramco. same deal with the national iranian oil company. the guy in charge there is the state oil minister. you ll find the same thing at all of these giant state-run government-run oil companies in almost all the big oil-producing around the world. it s the kuwait petroleum corporation and the abu dhabi national oil company and petro china. in russia it s rosnaft, it s the state run oil company of russia. it s not run by a random ceo who worked his way up through the company. it s controlled by the kremlin, it s controlled by vladimir putin so he put his former deputy prime minister in charge
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