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Russia can become world’s big oil producer/exporter -- expert

In his opinion, Russian assets are very cheap and Russia is one of the cheapest markets in the world

MOSCOW, January 26 (Itar-Tass) —— Russia can become the world’s biggest oil producer and exporter because of the situation in Iran, SG Alpha Research Director Steffen Gruschka said.

Considering the current situation surrounding Iran and that the European Union and some other countries no longer import Iranian oil, Russia is coming to the fore as the biggest oil producer and one of the biggest oil exporters in the world, he said in an exclusive interview with Russia Today on Wednesday, January 25.

Russian oil and gas companies become quite attractive, Gruschka said.

In his opinion, Russian assets are very cheap and Russia is one of the cheapest markets in the world.

SG Alpha is an Investment Manager specialising in Emerging European Equities launched in December 2009 by Steffen Gruschka and his team.

The SG Alpha Emerging Europe Fund has a strong presence on the ground, with research offices in Moscow and Kiev. The Investment Team speaks the main languages of the region fluently and travels continuously in the region benefiting from a unique network of local brokers, companies and industry specialists.

The SG Alpha Emerging Europe Fund is aiming at absolute returns while maintaining a variable long bias. The investment approach is to create a diversified portfolio within the focus region comprised of Russia, Ukraine, Kazakhstan, Georgia, Turkey, Poland, Hungary, and Czech Republic, with the emphasis on Russia and CIS where Gruschka was one of the first international institutional investors. Idea generation is based on rigorous research and continuous presence in the region rather than momentum trading.

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