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US ambassador worried about Yukos.(Russia & CIS)(Brief Article)

FSU Energy

| June 18, 2004 | COPYRIGHT 2003 Argus Media Inc. (Hide copyright information)Copyright

The Yukos case and the Sakhalin III project in Russia's far east are key litmus tests for US investment in Russia, US ambassador to Moscow Alexander Vershbow says. US investors are concerned about private property rights and are closely following the Yukos trials, Vershbow says (see p3). "The case is prompting some worry and bringing up some questions from American companies," he adds. Vershbow says Sakhalin III was raised during recent visits to Moscow by energy secretary Spencer Abraham …

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