REPORT OF BIG STRIKE IN PECHORA SEA DEBUNKED

Moscow authorities have discredited reports carried by Russia's largest press agency and some television broadcasts that "enormous hydrocarbon reserves" have been discovered in the Pechora Sea, a southeast extension of the Barents Sea. Itar-Tass quoted a Murmansk official, a corresponding member of the prestigious Russian Academy of Sciences, as saying Pechora Sea discoveries provided grounds for comparing the area's oil and gas reserves with those in the Persian Gulf region. After

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