OIL

Russia to boost frontier crude output

CRUDE output in Russias Far East and East Siberian provinces two of the countyrs least explored ...

Natural Resources Ministry official Sergei Fyodorov said such outputs were needed to ensure that the planned Taishet-Pacific pipeline, designed to open the Asia-Pacific market to Russian crude, was fully utilised.

The ministry’s plans to develop the fields in the areas are expected to be drafted by May.

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