OGJ NEWSLETTER

The expanding world of international E&P opportunities grows larger still. Independent consultants have begun reviewing bids for the Sakhalin Island E&P project. Russian President Yeltsin will have the last say on their conclusions, expected in early 1992. Meanwhile, the Soviet energy crisis deepens. Aviation fuel shortages closed 100 or more Soviet airports, canceled many flights, and caused unscheduled fuel stops for others. New Zealand's government will introduce legislation in early