VOL. XXXIII
NO. 32
14-MAY-1990
Yemen
Soviet Participation in Yemen Consortium Uncertain
MEES understands the participation of Soviet firms in the consortium to develop the joint oil area between North and South Yemen has now become uncertain owing to financial constraints. The Soviet firms Machinoimport and Zarughgeologia have a 18.75% share in the joint venture, which also includes Hunt Oil/Exxon, KUFPEC and CFP-Total. The four-nation consortium was awarded a...
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