BIGGER PLUNGE COULD LIE AHEAD FOR RUSSIAN OIL PRODUCTION

Russia's oil production apparently is plunging faster than even the most pessimistic Soviet officials and western observers deemed likely only a few months ago. Previous assessments of petroleum industry prospects in the now dissolved U.S.S.R. pointed to a steadily deepening crisis in liquid hydrocarbon flow culminating in 1994-95. A rebound at that time was considered possible, if not probable, with crude and condensate production rising to record levels early in the next century and

Jan 27th, 1992
In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in Home