Thursday, 01 February 2007

RUSSIA TO BUY OUT UZBEK GAS COMPANY, REPORT SAYS

Published in News Digest

By empty (2/1/2007 issue of the CACI Analyst)

Russia\'s Gazprom plans to acquire a majority stake in the Swiss-registered Uzbek company Zeromax. A source at Uzbek national oil and gas company Uzbekneftegaz told the news agency, \"It is presumed that Gazprom will enter as a strategic partner both into the joint ventures created by Zeromax in the Uzbek oil and gas sector and into the core affiliates of the Swiss company that work in this sector.\" Zeromax declined comment on the matter.
Russia\'s Gazprom plans to acquire a majority stake in the Swiss-registered Uzbek company Zeromax. A source at Uzbek national oil and gas company Uzbekneftegaz told the news agency, \"It is presumed that Gazprom will enter as a strategic partner both into the joint ventures created by Zeromax in the Uzbek oil and gas sector and into the core affiliates of the Swiss company that work in this sector.\" Zeromax declined comment on the matter. (gazeta.ru)
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More in this category: « OFFICIAL SAYS SINGAPORE COMPANY TO INVEST $1.5 BILLION IN UZBEK ECONOMY 174 MILITANTS KILLED IN NORTH CAUCASUS IN 2006 »
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The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.

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