Russia;Foreign companies swoop

摘要

Russia may look politically and economically risky to some,but not enough to stop international oil majors scrambling for oil and natural gas deals in the country.us,european and asian companies all took significant strides towards russian energy deals in september.by far the biggest transaction was conocophillips' purchase of a 7.59% stake in Russia's biggest producer,Lukoil,at a privatisation auction.At the same time,the US major set up a strategic alliance to tackle fields in the highly prospective Timan Pechora basin,where Lukoil is the dominant player.