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2007 August 31   12:00

LUKoil to boost output at North Caspian fields

LUKoil is poised to produce 30m tonnes of oil and 18-20bn cubic meters of natural gas at its North Caspian fields by 2020, the company's subsidiary reported according to RBC. The reserves of the Russian sector of the Caspian Sea are estimated at 4.5bn tonnes of fuel equivalent.

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