Statoil not to attract fresh funds for oil production in Russia

Norwegian producer company Statoil stated it did not need any extra-budgetary resources for drilling on the territory of Russia. The prospecting boreholes are on the Russian shelf.  The head of the press-service of an oil company stated about it. He said: “All the expenses for drilling of the wells refer to the calculation of expenditures for prospecting and exploration.”

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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