VOL. XLI
No. 08
23-February-1998
FSU
CPC Agrees On 1998 Budget While Chevron And Shell Sign Caspian Energy Deal
The Caspian Pipeline Consortium (CPC) approved a 1998 budget on 18 February during anextraordinary shareholders meeting in Moscow. No management changes were made during themeeting despite previous grumblings by western shareholders (MEES, 9 February), butnew working procedures designed to boost efficiency were agreed, according to CPCspokeswoman, Natalya Krasnova. The company has yet...
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