TotalFinaElf ProductionGrowth Forecast Strong But Easing After 2003
Frances TotalFinaElf (TFE) is set toachieve higher than industry average hydrocarbon production growth rates untilaround 2007, according to a report published by ABN AMRO on 27 May. The reportforecast that TFE would register production growth rates of 10% in 2002 and 8%in 2003, after which growth would decline to closer to industry averages ataround 3% per year (see table). We expect...
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