Conoco also plans to invest a part of this sum into joint venture with Russian oil and gas giant Lukoil in Timano-Pechorskaya field.
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Conoco To Invest In Russia
The board of directors of US oil and gas company ConocoPhillips...
The board of directors of US oil and gas company ConocoPhillips approved the budget on 2005 of $6,9 billion, the company said in a statement.
ConocoPhillips will spend $0,4 billion for development of Russia?s Kashagan field on the Caspian shelf, which is operated by international consortium Agip KCO, where ConocoPhillips has 8,33% interest.
Conoco also plans to invest a part of this sum into joint venture with Russian oil and gas giant Lukoil in Timano-Pechorskaya field.
Conoco also plans to invest a part of this sum into joint venture with Russian oil and gas giant Lukoil in Timano-Pechorskaya field.
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