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International Partnership in Russia - Conclusions from the Oil and Gas Industry (Hardcover)
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International Partnership in Russia - Conclusions from the Oil and Gas Industry (Hardcover)
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Russia offers a fascinating example of the contrast between the
attractions of a vast hydrocarbon resource base to major oil and
gas companies and the problems that can be encountered in trying to
invest in it. International Partnership in Russia provides a unique
insight into the joint ventures which have been formed between
domestic and international partners in Russia during the
post-Soviet era. It outlines the highs and lows in their fortunes
and analyses the reasons for their successes and failures,
developing an original theory on the bargaining relationship
between foreign and domestic partners in a weak institutional
environment such as Russia. It provides a new strategy for partner
engagement based on theoretical analysis, interviews with key
players and the experiences of one of the authors at Russia's
largest international partnership to date, TNK-BP. This book will
be indispensable reading for energy economists, senior executives
at oil and gas companies with exposure to Russia and other
countries where local knowledge is vital for success, as well as
for finance practitioners working in energy markets.
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