Foreign Oil / Gas Investment in the C.I.S.: Implications for Foreign Investors
Article from: OGEL Archive issue , in Economic and Commercial Context for Oil, Gas and Energy Law
Summary
The CIS or former Soviet Union was in terms of oil and gas largely a world to itself. Self-sufficient, but with a notable export of oil and of gas in particular to Western Europe, it had little impact on worldwide investment conditions for oil and gas. The (non-CIS) oil and gas industry was largely dominated by the interplay between the state companies from major producer countries (ARAMCO, ADNOC, KPC, NNPC, PERTAMINA, PETRONAS, CNOOC, PDVSA, PEMEX, YPF, NIOC ...) and the major international oil companies, supplemented by a sometimes waxing, sometimes waning role of independent ...