LATVIA EYES POSSIBLE BALTIC SEA RESOURCES

Latvia, a former Soviet republic, has expressed optimism over possible development of oil resources on its Baltic Sea shelf. But whatever prospects may exist for Latvia to become self-sufficient in petroleum are faint at least during the rest of this century and highly dubious for the more distant future. It is believed there is no commercial hydrocarbon production anywhere in the former Soviet sector of the Baltic and Latvia's "oil fields" may be only potentially productive structures.

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