international magazine
02 / 2004

TATEX in Russi: a difficult story of success

It's not a big secret what makes foreign oil companies coming to Russia to develop oil and gas projects. Foreign investors aim at making profit and that's what they are supposed to do. Still, many find it quite tricky to survive on the Russian soil as business ventures. Russo-American joint venture Tatex is one of those rare exceptions: the company is operating in Russia already more than 13 years. The OilMarket takes a closer look at the story of this successful, although difficult long-term partnership.