VOL. XXXVI

NO. 40

5-JULY-1993

GENERAL

Political Turmoil In Azerbaijan Throws Caspian Oil Deal In Doubt

Political turmoil in the former Soviet republic of Azerbaijan has thrown a$9bn oil deal between state-owned Socar and a consortium of foreign companies indoubt. A private Saudi investment company, Delta International, is a consortium member with a 1.7% share in the deal. On 5 JuneAzerbaijan announced itsdecision to consolidate the offshore Guneshli, Chirag and Azeri fields in theCaspian Sea into...