VOL. XLIV

No. 22

28-May-2001

CASPIAN

Agip And Russian Joint Venture Sign E&P Agreement For Onshore North Caspian Prospect

Agip Energy BV, a subsidiary of Italys Eni, on 19 May signed an agreement with Russias Astrakhannefteprom covering the exploration and production (E&P) of a 1,800 sq km area, identified as North Astrakhan, near the mouth of the Volga River along the northern shore of the Caspian Sea. Astrakhannefteprom is a 50-50 joint venture between the Astrakhan regional government...