[lbo-talk] 'Threat' to future of Russia oil

uvj at vsnl.com uvj at vsnl.com
Tue Apr 15 16:10:41 PDT 2008


BBC News http://news.bbc.co.uk/

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



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