Russian oil output will decline as demand falls

Thu Dec 18, 2008 6:24am EST
 
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MOSCOW, Dec 18 (Reuters) - Falling global demand for oil and gas will lead to a natural decline in Russian production, Russia's Deputy Energy Minister Anatoly Yanovsky told a news conference.

He reiterated that Russia made no firm commitments in a memorandun it had given this week to OPEC at a meeting in Algeria. (Reporting by Dmitry Zhdannikov; editing by Melissa Akin)

 

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