Russia Oil & Gas Report Q3 2012 - New Market Report Now Available
BMI View: A high level of investment will be required to maintain Russian oil output at close to recent record levels, putting pressure on the domestic industry and hindering global expansion .Gazprom faces similar challenges in developing sufficient gas to meet European and, possibly, growing Asian demand. Revisions to the Russian tax and regulatory system will be required if Russia is to meet its targets.
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