VOL. XLVII

No 12

22-March-2004

RUSSIA/OPEC

Russian Oil Production Boosted By OPEC Pricing Policy

OPECs pursuit of high oil prices has helped the Russian oil industry rehabilitate its production capacity without major help from international oil companies, according to speakers at the seminar Russian Oil and OPECs Policies, organized by the Centre for Global Energy Studies (CGES) in London on 15 March. MEES Markets/Iran Editor David Knott reports.

OPEC policy has helped the Russian oil industry to...