Russian naval bases due commercial development

Journal Article · Mon Apr 27 00:00:00 EDT 1992 · Oil and Gas Journal; (United States)

OSTI ID:5436619

Tecnogrid Group, New York, has signed a joint venture with the Russian Navy for commercial development of a wide range of sea dn land based assets owned by the former Soviet Navy. This paper reports that among other things, the venture aims for projects that will allow greater volumes of oil exports by revamping several naval bases. Tecnogrid's partner in the joint venture is AO Navicon, A Russian stock holding company that is the commercial arm of the Navy. Navicon has the sole right to commercially develop and deploy the Navy's assets. The Navy can no longer depend on the state for support, and Adm. Ig. Malhonin. With that in mind, the Navy is looking to become the leading force in moving toward a free market economy. Mahonin is Russia's second ranking naval official.

• OSTI ID: 5436619
• Journal Information: Oil and Gas Journal; (United States), Vol. 90:17; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
29 ENERGY PLANNING
POLICY AND ECONOMY
PETROLEUM
EXPORTS
PETROLEUM INDUSTRY
INTERNATIONAL COOPERATION
PLANNING
USA
USSR
MARKET
ASIA
COOPERATION
DEVELOPED COUNTRIES
ENERGY SOURCES
EUROPE
FOSSIL FUELS
FUELS
INDUSTRY
NORTH AMERICA
TRADE
020700* - Petroleum- Economics
Industrial
& Business Aspects
294002 - Energy Planning & Policy- Petroleum