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November 22, 1991 | MICHAEL PARRISH, TIMES STAFF WRITER
Exxon Corp., together with the Japanese government and several major Japanese companies, appears to be on the verge of winning approval from Soviet authorities to explore for oil and gas on Sakhalin Island off the Siberian coast, an area off-limits to foreign oil explorers for the past 70 years but considered one of the most promising untapped oil fields in the world.
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BUSINESS
November 22, 1991 | MICHAEL PARRISH, TIMES STAFF WRITER
Exxon Corp., together with the Japanese government and several major Japanese companies, appears to be on the verge of winning approval from Soviet authorities to explore for oil and gas on Sakhalin Island off the Siberian coast, an area off-limits to foreign oil explorers for the past 70 years but considered one of the most promising untapped oil fields in the world.
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