Middle East Economic Survey
VOL. XLVIII
No 45
7-November-2005
CASPIAN
CNPC Claims Pre-Emptive Rights To North Buzachi Despite Lukoil Purchase
The China National Petroleum Corp (CNPC) has notified Canadas Nelson Resources that it is claiming pre-emptive rights to the North Buzachi oilfield, in which it holds a 50% stake. Last month Russias Lukoil bought 65% of Nelson Resources and plans to purchase 100% of the company for $2bn if 75% of shareholders agree during a general meeting in December (MEES,...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!