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16.11 2012 16:19:45

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Lukoil’s adventures in Africa

by Grigory Birg

Lukoil has reportedly acquired a 25% stake in the offshore block off the coast of Sierra Leone. At present, international projects bring the oil major about 7% of its total oil production (5.95 million tons in 2011). Under its development strategy, Lukoil seeks to bring the share of overseas hydrocarbons production to 20% of the total.

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