Middle East Economic Survey
CPC Shareholders Appoint Russian As New General Director
Shareholders in the Caspian Pipeline Consortium (CPC) on 26 April appointed Vladimir Razdukhov, deputy general director of Russias state-owned Zarubezhneft, to the post of general director, replacing Ian MacDonald of Chevron. Mr Razdukhovs tenure will begin on 1 May and run for four years. His appointment follows demands by Russia that the post be awarded to its nominee and that...