international magazine
06 / 2006

On the dawn of G8 summit
Entering Western markets is still hard for Russia's companies

Russian oil producers continue expanding. In China and India they are received with open hands, but the Western countries so far have no inkling to let the Russians in, being weary of their business conduct. This trend is best illustrated by Lukoil's experience — one of the largest Russian oil companies since 2000 is trying to gain a foothold in the EC. However, its «adventures» in Lithuania, Poland, Greece and other states clearly indicate that Europe is highly alert to any advances on its energy security.