FOREIGN FIRMS PRESS UPSTREAM PROJECTS IN C.I.S.
International oil and gas companies continue to mark progress in upstream deals with the Commonwealth of Independent States. South Korean and Russian officials have agreed to conduct a feasibility study on a field in Yakutsk. Drilling has started in the West Siberian area targeted for license by the Urengoil Trace joint venture. The Blue Kama joint venture is wrapping up financing for its project to develop reserves in Tatarstan, and Russia has approved the plans of Germany's Deminex for