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Page added on June 13, 2006

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Russia to Further Restrict Foreign Oil Groups

FT.com – A senior Russian minister on Tuesday proposed tightening restrictions on foreign oil companies and increasing the number of oil and gas fields which the government defines as strategic, in a sign of increasingly nationalistic policy towards energy resources.

Speaking at an international economic forum in St Petersburg, Yuri Trutnev, natural resources minister, said his proposal was designed to protect Russia
FT.com



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