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International Partnership in Russia: Conclusions from the Oil and Gas Industry
International Partnership in Russia Conclusions from the Oil and Gas Industry Author:James Henderson, Alastair Ferguson Major oil and gas companies are interested in investment opportunities offered by Russia and its vast hydrocarbon resources base. International Partnership in Russia provides a unique insight into the joint ventures which have been formed by international oil companies in Russia during the post-Soviet era. It outlines the highs and lows in their... more » 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 offers a deep insight into a leading player at Russia's largest joint venture to date, TNK-BP. This book will be indispensable reading for energy economists, those working in the oil and gas industries as well as for finance practitioners working in energy markets.« less