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'India is fighting China in the battle for Russian oil by angling for a supply deal and a stake in Yuganskneftegaz, the oil unit that was seized from Yukos and is now owned by Rosneft, the state oil company.'

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2005/02/14/cnoil14.xml&menuId=242&sSheet=/portal/2005/02/14/ixportal.html

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( 1 comment — Leave a comment )
rabidkitten
Feb. 16th, 2005 02:25 am (UTC)
Looks like a secret "consortium" of Chinese businessmen financed the deal, kinda scary. This article brings up some interesting points about Russian oil.

http://www.atimes.com/atimes/Central_Asia/GA20Ag01.html
( 1 comment — Leave a comment )

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