Middle East Economic Survey

VOL. XLVII

No 38

20-September-2004

SUPPLY/DEMAND

Restricted Export Capacity Could Cap Russian Output At 11mn B/D By 2010, Says DrKW

London-based Dresdner Kleinwort Wasserstein Research (DrKW) says in its 15 July edition of Russian Oil Monitor that Russian crude production could reach 9.2mn b/d during 2004, with crude exports amounting to 5.2mn b/d and product exports hitting 1.8mn b/d, while the balance is allocated for domestic use. But this could be the limit, the...