Monday, May 28, 2007

APEC Will Study Impact of State-Owned Oil Companies on Trade, Investment

(Bloomberg) -- Asia-Pacific Economic Cooperation
energy ministers plan to study the impact of state ownership of
oil and gas companies on trade and investment, according to a
draft communiqué.

The 21-member body, including China, the U.S. and Russia,
will set up a working group to assess how to cooperate with
state-owned companies, according to the draft statement obtained
by Bloomberg News in advance of the final communiqué later today.


Read more at Bloomberg Energy News

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