international magazine
06 / 2003

How to survive and make money swimming in the pool with Russian oil business sharks

Investing in the independent oil production in Russia is tricky business. However, there are many examples of successful investment cycle, from licence acquisition to lucrative sale of the company. OilMarket met with president of ZAAB group of companies, former CEO of Goloil independent oil producing company, Mr. Zamir Abdullaev. We discussed not only the matters of surviving in highly competitive market of Russian oil industry, but also the experience of profit making project.