Russian Companies Stand By Gun

Russian oil giant Lukoil and Russia's largest natural gas contractor Stroitransgaz said yesterday that they will launch operations in Saudi Arabia despite a series of terror attacks there.
Lukoil has not confirmed media reports that the business center attacked by terrorists also had a Lukoil's office.
Lukoil was seeking a place for an office in Saudi Arabia, as well as Stroitransgaz. The spokesman for Stroitransgaz also said that no Stroitransgaz's operations would be affected by the latest developments in the country.
On Saturday a terrorist group took about 50 hostage, some of them foreigners, in the city of Hubar. Several hostages were killed as the building was stormed. Earlier, terrorists had attacked some representation offices of oil companies in Saudi Arabia, killing seven foreigners and nine Saudis.