(EnergyAsia, September 12) — Russia’s largest oil producer, Lukoil, said it will invest $100 billion over the next decade to boost crude production and expand refining capacity, including possible foreign acquisitions. The energy giant, already among the world’s largest, plans to double crude oil production from 1.8 million barrels a day now, it said…
RUSSIA: Lukoil board endorsed company’s ambitious US$100 billion expansion programme
Posted on September 12, 2006 by EnergyAsia