Word: alekperov
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Dates: during 2004-2004
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...deal amounted to a coup, giving Conoco access to 8 billion bbl. of proven oil reserves at a relatively modest cost. Lukoil was delighted, too, because it is counting on the Americans to help it extract and market the oil more efficiently. But as Mulva and Lukoil president Vagit Alekperov toasted their accord with champagne, they were careful not to mention the one issue that overshadows the future of the Russian oil industry: the fate of Lukoil rival Yukos, the largest and most successful Russian oil company, which is being hounded out of business by the Kremlin...
...deal amounted to a coup, giving Conoco access to 8 billion bbl. of proven oil reserves at relatively modest cost. Lukoil was delighted too because it is counting on the Americans to help it extract and market the oil more efficiently. But as Mulva and Lukoil president Vagit Alekperov toasted their accord with champagne, they were careful not to mention the one issue that overshadows the future of the Russian oil industry: the fate of Lukoil rival Yukos, the largest and most successful Russian oilcompany, which is being hounded out of business by the Kremlin...
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