RUSSIA JOINS KAZAKH/OMANI PIPELINE VENTURE GROUP

Russia has agreed to become a founding partner in a joint venture pipeline project formed by Kazakhstan and Oman. The agreement, signed in Bermuda July 24, is related to Chevron Corp.'s further development of supergiant Tengiz and Korolev fields along the Caspian Sea coast in Kazakhstan. Azerbaijan last month signed an agreement to become a founding member of the group, accepting terms agreed to by original joint venturers Kazakhstan and Oman (OGJ, July 13, p. 24). Azerbaijan's new

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