VOL. XXXVI
NO. 32
10-MAY-1993
UAE
Gulf Interstate Awarded Oil Concession In Russia; Opens Office In Poland
Gulf Interstate Oil Company (GIOC), an independent Arab- owned oil companybased in Dubai, announced on 26 April that its Russian subsidiary, Gulf Russia,has been awarded an oil concession in the Stavropol region in southern Russiabetween the Caspian and Black Seas. GOIC said that initial test results showthat the concession holds more than 300mn barrels of oil reserves. The companyintends to...
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!