C.I.S. PETROLEUM JOINT VENTURES PROCEED AT FAST CLIP

The pace of joint ventures forming for field development projects in the Commonwealth of Independent States continues at a fast clip. Among the latest action: Uzbek interests and a U.S. group have agreed to jointly develop Mingbulak oil field in Fergana Valley, Uzbekistan. A Japanese group plans a joint venture with a production association in Russia to increase oil output from fields in the Ural-Volga region. A Houston company has signed a protocol of intent with a production association in

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