Middle East Economic Survey

VOL. L

No 38

17-September-2007

GENERAL/CASPIAN/SUPPLY/DEMAND

Russia Shifts Focus To Midstream Projects At Expense Of Oil Capacity Expansion

Russia is set to replace its focus on boosting oil production volumes with a new strategy to boost pipeline and export infrastructure from 2008, according to Deputy Minister of Industry and Energy Andrey Reus. In public comments ahead of the OPEC meeting, to which Russia is regularly invited as an observer, Mr Reus said while 2006...