OLD SOVIET REPUBLICS NEED MAJOR OIL DEALS

It's time for oil producing republics of the Commonwealth of Independent States to sign some world-class oil and gas deals. Now that the Soviet central government has dissolved, outsiders have a better idea than they did before about who negotiates what. Jurisdictional uncertainty remains a problem, to be sure; it's simply not the peremptory business stopper that it used to be.

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