Gazprom Neft to Invest US$10bn


12 March 2008 12:19

Russian energy giant Gazprom's oil business, OAO Gazprom Neft, plans to invest more than US$10bn to substantially increase oil output by 2010.

The company is Russia's fifth largest oil producer, with output hitting more than 650,000 oil barrels a day last year.

By staff writer



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