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October 2002
Central Asia's huge oil and gas reserves ? bettered only by the Middle East ? should be prime territory for outside investment. But the political climate and unfavourable conditions are making some lenders jumpy while others jump in. By Rosie Irving
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Egyptian and Tunisian deals are back after a two-year hiatus.
But have risk perceptions and structural obstacles changed?
By Mary Watkins.
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Williams sells up ? again
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Iranian state energy companies are slowly moving forward on financing-friendly concession structures, but geopolitics threatens further progress. Earl Scawby looks at the forbidding landscape for projects in the region.