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...from the area for security reasons, but the costs of development are so staggering that Moscow is now actively courting foreign investment and technological know-how. It is negotiating with Japan for help in financing a $3 billion, 4,380-mile pipeline from the Tyumen oilfields to the Pacific port of Nakhodka; and it is trying hard to get long-term U.S. credits...

Author: /time Magazine | Title: SOVIET UNION: The Vast New El Dorado in the Arctic | 4/9/1973 | See Source »

NADYM, a gas field discovered four years ago, contains 6 trillion cubic meters of gas, equivalent to three-quarters of U.S. reserves. A river port, rail spur and 600-mile gas line have been carved out of the desolate tundra, and by 1978 gas will be sent to West Europe. Three American companies are considering building a $7 billion pipeline 2,000 miles to Murmansk for shipment of liquefied gas to the U.S. East Coast...

Author: /time Magazine | Title: SOVIET UNION: The Vast New El Dorado in the Arctic | 4/9/1973 | See Source »

...fanaticism, Gaddafi is doing the best he can to bring development to his poverty-ridden country. After a visit to Libya last week, his fourth in seven years, TIME Correspondent Lee Griggs reported: "I've never seen Tripoli port as crammed as it is today. Modest but modern housing is going up everywhere. Yet, on the 20-minute drive into town from the airport, the brand-new divided highway goes by acre after acre of makeshift shacks perched precariously on the windswept desert. But the new stress is on agriculture. Gaddafi the Bedouin, brought up to revere trees...

Author: /time Magazine | Title: MIDDLE EAST: The Arab World: Oil, Power, Violence | 4/2/1973 | See Source »

...provide expertise, Gaddafi has had to turn to the foreigners he basically dislikes: Yugoslavs for a new port at Misurata; Italians for road building; Britons for a new airport at Tripoli; Egyptians to advise his ministries, run his courts and train his 22,000-man army; and, of course, Americans to pump oil. The Egyptians, who have always been arrogant and patronizing toward Libyans, are as unpopular as ever -and there are now 220,000 of them in the country. But nobody is as unpopular at the moment as the Americans. When a Libyan student asked Gaddafi this month...

Author: /time Magazine | Title: MIDDLE EAST: The Arab World: Oil, Power, Violence | 4/2/1973 | See Source »

...port side juniors Woody Canady, Peter Lowe and Jim Owen look like strong contenders along with sophomores Dick Cashin and Al Shealy...

Author: By Bruns H. Grayson, | Title: Crimson Oarsmen Seek Winning Season | 3/29/1973 | See Source »

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