Analysis-Russia’s Rosneft bets on giant Vostok to reshape Europe’s oil market
The project could produce as much as 2 million barrels per day by 2030 — as much as the declining North Sea market.
December 23, 2021
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MOSCOW (Reuters) – Russia has placed its bets on its biggest oil project since the fall of the Soviet Union to push aside rival Middle Eastern, West African and U.S. grades in core European markets and provide much-needed revenues.
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