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Article: Daily Headline News for October 27, 2009.
- Article from:
- Russia & CIS Business and Financial Newswire
- Article date:
- October 27, 2009
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Daily Headline News for October 27, 2009
Digest of headline news as of 3:30 p.m. Moscow time on October 27: BUSINESS & FINANCE *** RUSSIA COULD UP OIL PRODUCTION ALMOST 1% IN 2009
Russia could increase oil production almost 1% this year to 492-493 million tonnes, Deputy Energy Minister Sergei Kudryashov told reporters.
"We've manage to buck the downward trend in oil production this year," Kudryashov said.
Russia has managed this thanks to the government's policy of support for the oil sector, he said. "We managed in times of crisis not only to prevent investment in the sector from falling, but also to make targeted investment in ...