Lukoil to Announce New Oil Find

摘要

Russia's biggest private oil producer Lukoil will soon announce a "big" oil discovery at the Denisovskaya structure in the Timan - Pechora oil province in the north of Russia, the company's Vice President Leonid Fedun promised. The size of the discovery is unknown, but Russian Natural Resources Minister Sergei Donskoy was quoted as saying last week that in 2014 Lukoil increased its reserves at Denisovskaya up to 41.5 million metric tons (304 million bbl). He noted that was a good result as compared to other recent discoveries in the region.