Russian Gazprom creates its own private military company

Russian corporation Gazprom Neft [third largest oil producer in Russia - ed.] is creating its own private military company. Source: press service of Defence Intelligence of Ukraine Quote: "The energy monopolist Gazprom Neft is creating its own private military company.

Mikhail Mishustin, Prime Minister of Russia, has signed the appropriate order. Thus, the 'arms race' will be ongoing among the main political players of Russia who are actively creating private armies following the example of Yevgeny Prigozhin's Wagner Group."

Details: As the document states, Gazprom Neft (70% of the statutory capital) and STAFF-Centre Private Security Organisation (30% of the statutory capital) will be considered as the founders of the organisation. The government of the aggressor country refers to the law "On the Security of Fuel and Energy Facilities", which states that companies of this industry "may be granted the right to establish a private security organisation".

The share of such a company in the statutory capital of the newly created "organisation" cannot be less than 50%.

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Background: Russian Defence Minister Sergei Shoigu's Patriot Private Military Company (PMC), which is competing with Yevgeny Prigozhin's Wagner PMC, has been spotted near Vuhledar in Donetsk Oblast.

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