Michael Klein: First of all the notion that private water - water provided by private providers is somehow more expensive than statewater provided that in many cases is not true, there are some cases in the world the state owned watercompanies that are very efficient in many other cases there are private watercompanies that are very efficient, so once again it's case-by-case.
One place where Western oil companies have found open doors is in deep-water exploration, because state-backed oil companies in Russia, China and the Middle East have little experience drilling these tricky wells.