Gazprom enters the Middle East. UAE nuclear programme waits on Obama
Issue 846
- 30 Jan 2009
| 2 minute read
Russia’s Gazprom has made a deal with Kuwait’s Noor Financial Investment Company to set up a joint venture targeting exploration and production work in Russia and the Middle East. The signing of a bilateral agreement on civil nuclear co-operation with George W Bush’s administration prior to the Republican president’s departure from office has raised some eyebrows in the United States, for fear that it will spark a ‘nuclear arms race’ in the region.
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