Lukoil License Under Threat

摘要

Lukoil's license to the Tsentralnaya (Central) structure in the north Caspian Sea is under threat. While exploring the acreage with Gazprom, Lukoil made a find of a size deemed "strategic" - Russia's state reserves committee says the field holds 94 million metric tons (689 million bbl), and anything over 70 million tons is categorized as a strategic reserve that can only be developed under the control of a state-dominated company