Sharjah, Russia, USD1.2bn deal
- United Arab Emirates: Wednesday, September 10 - 2003 at 08:43
Sharjah's Sheikh Ahmed bin Saqr Al Qasimi has signed a USD1.2bn deal to buy crude oil and oil products from Russia's ADZ Trading Company, reported Gulf News. The five-year joint venture deal envisages initial annual exports of 150,000-300,000 tonnes of crude to European countries.
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Peter J. Cooper



