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Saturday, October 22, 2005

Five major natural deposits to be restricted for foreign companies

MOSCOW, October 20 (RIA Novosti) - The restrictions on the access of foreign companies to Russian natural deposits could only apply to five major deposits, the Russian Deputy Minister for Economic Development and Trade said Thursday. Andrei Sharanov said that Economic Development and Trade Minister German Gref told investors this week that access to five natural deposits, including two hydrocarbon deposits, would be restricted. "We consider a limited number of deposits where the access of foreign companies would be restricted," Sharanov said. He said it was still unclear in what way access would be limited.

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