Mohamed Bassatne

Mohamed Bassatne has been quoted 12 times. The one recent article where Mohamed Bassatne has been quoted is REUTERS SUMMIT-Oil traders increase risky lending even as some deals go bad. Most recently, Mohamed Bassatne was quoted as having said, “That's maybe the sweet spot for us. Where we are willing to take the risk, get a foothold and develop that business.”.

Mohamed Bassatne quotes

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That's maybe the sweet spot for us. Where we are willing to take the risk, get a foothold and develop that business.

I do think that the market will probably have found some kind of bottom between $45 and $50. It probably will go higher, but it still needs time to rebalance ... I don't see it rebalancing until probably second half of 2017.

It probably will go higher, but it still needs time to rebalance ... I don't see it rebalancing until probably second half of 2017.

It is an extraordinary action ... and that's why, unfortunately, we all got caught ... Economically, it (the refinery) should never have been turned off even if there was a claim from the government. It would have been much better for the government and creditors if they had continued running the refinery and done some kind of deal.

In Russia, we have been working with independents on pre-financing. We are prepared to take risks.

We are looking aggressively at assets, primarily in Africa and the CIS (the former Soviet Union).

It's not life-threatening at all. Is it an exposure? Yes it is an exposure but nothing that can't be handled.

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