ENI hits barrier in Asia
The Wall Street Journal Europe
23 Aprile 2008
Turkmenistan denies visas to senior staff in dispute over deal
LONDON: Turkmenistan has denied entry visas to managers from Italian oil company ENI SpA, even as the Central Asian country campaigns to attract foreign investors after decades of self imposed isolation.
The move is a blow to ENI's plans to become a big player in Turkmenistan, an energy-rich nation on the Caspian Sea. ENI acquired a foothold in Turkmenistan late last year when it bought Burren Energy PLC, a small independent company that operates an oil field in the west of the country.
But, according to people familiar with the situation, the Turkmen …
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