WATCHING THE WORLD OMV AIMS FOR YAKUTSK GAS
with Roger Vielvoye from London Yakutsk autonomous republic in Central Siberia is not one of the prime targets for western companies seeking action in the Soviet Union. Modest oil reserves have been found, and there are potentially very large gas reserves. But the region lacks links into the main Soviet oil and gas distribution system. That has not deterred Austria's state oil company, OMV. It has agreed to a joint venture with the regional oil and gas company, Lenaneftegas Geologija.