Tuesday, 15 April 2008
'Threat' to future of Russia oil
http://news.bbc.co.uk/2/hi/business/7348463.stm
The future supply of Russian oil is threatened by a likely decline in production levels, one of the country's top oil executives has warned.
Lukoil's Leonid Fedun said $1 trillion would have to be spent on developing new reserves if current output levels were to be maintained. http://news.bbc.co.uk/2/hi/business/7348463.stm