DOUBT VOICED ABOUT RUSSIAN PRIVATIZATION MOVE

Russian advocates of a market economy are skeptical of claims there will be significantly less government control over the oil industry. They aired their views after President Boris Yeltsin issued a draft decree for a measure of privatization in Russia's oil production, refining, and marketing (OGJ, Nov. 9, p. 37). Critics say that during the near term, at least, most of the oil industry will remain in the tight grip of the state, with private interests holding only a small portion of the

More in Home