international magazine
08 / 2005


FAR AWAY FROM HOME
INTERESTS OF GAZPROM AND LUKOIL MEET IN LATIN AMERICA



Both Russian companies apply for exploration and development of the Venezuelan gas project Rafael Urdaneta Lukoil applied to enter the tender in April this year, while Gazprom has only declared its intention to submit documents. While the oil company says there is no need for any consortium, the gas monopoly, on the contrary, shows its willingness to cooperate within this project both with Russian and foreign companies.