Business

LUKoil puts Venezuela's Junin-3 reserves at 600 mln tons

17:10 07/07/2009

Multimedia

LUKoil buys Turkish sales company

MOSCOW, July 7 (RIA Novosti) - LUKoil estimates the oil reserves of the Junin-3 block in Venezuela at 600 million tons, the president of Russia's largest private oil producer said on Tuesday.

LUKoil and the State Petroleum Company of Venezuela signed an agreement on joint study of the Junin-3 block in the Orinoco heavy oil belt in Venezuela's Guarico state last July.

The study was carried out to evaluate the project's potential for producing, refining and exporting extra heavy oil.

Add to blog
Send to friend
Share

Add to blog

You may place this material on your blog by copying the link.

Publication code:

<div style="border:1px solid #d3d3d3; padding:17px 0 0px 17px; background:#ffffff; width:510px;"><div style="width:100%; overflow:hidden;"><a target="_blank" href="http://en.rian.ru/business/20090707/155460126.html" style="text-decoration:none;"><img src="http://en.rian.ru/i/eng/logo_sml.gif" alt="RIA Novosti" title="RIA Novosti" style="float:left; margin-right:10px;" border="0" /></a><a target="_blank" href="http://en.rian.ru/business/20090707/155460126.html"><img src="http://en.rian.ru/images/15512/12/155121280.jpg" width="120" height="83" border="0" alt="LUKoil puts Venezuela's Junin-3 reserves at 600 mln tons" style="float:right;padding:0px 15px 5px 0px;" /></a><a target="_blank" href="http://en.rian.ru/business/20090707/155460126.html" style="color:#000000;text-decoration:none;display: block; margin: 0 10px 0 0 ;"><strong style="font:19px Georgia,Arial,sans-serif; line-height:16px; font-weight:bold;">LUKoil puts Venezuela's Junin-3 reserves at 600 mln tons</strong></a><p style="font:13px Georgia,Arial,sans-serif; padding:5px 153px 0px 0;"><span style="color:#5590bf;">17:10</span> <span style="color:#5590bf; padding-right:7px;">07/07/2009</span> <span style="font-size:12px;">LUKoil estimates the oil reserves of the Junin-3 block in Venezuela at 600 million tons, the president of Russia's largest private oil producer said on Tuesday.<a target="_blank" style="color:#335f86; padding-left:10px; text-decoration:underline;" href="http://en.rian.ru/business/20090707/155460126.html" title="LUKoil puts Venezuela's Junin-3 reserves at 600 mln tons">>></a></span></p><div style="padding:6px 0 15px 30px; font:10px Verdana,sans-serif;"><a target="_blank" style="color:#114472; text-decoration:underline;" href="http://en.rian.ru" title="RIA Novosti">Other news of the day</a></div></div></div>

Preview:

LUKoil puts Venezuela's Junin-3 reserves at 600 mln tons

17:10 07/07/2009 LUKoil estimates the oil reserves of the Junin-3 block in Venezuela at 600 million tons, the president of Russia's largest private oil producer said on Tuesday.>>

Other news of the day