MARKET ECONOMY PUSH THROWS PETROLEUM PROFITS OUT OF BALANCE

Efforts by the Commonwealth of Independent States to move toward a market economy have greatly increased profits for some sectors of the nation's petroleum industry while leaving others deeply in debt. Refineries and petrochemical plants have reaped especially large benefits from price hikes that far exceeded overall industrial inflation, the Moscow press reports. But pipeline enterprises can't pay their contractors, while oil and gas producers, at least until last month's round of

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