Alliance on course for more output growth

摘要

London—Sweden-based Alliance Oil, which has upstream and downstream operations in Russia and Kazakhstan, is on course for double digit increases in oil and gas production and reserves in the next few years. The group, which released its full year results February 21, said it boosted its 2012 proven and probable reserves 13% year on year to 733 million barrels of oil equivalent from 648 million boe in 2011.