April 1, 2008 By Citizen M

Energy Blast, April 1, 2008

Gazprom has warned that plans to boost gas production at home depended on signing long-term contracts with Europe. Tatneft is considering a joint project with Chevron after the head of the US oil major’s Russian operations met the president of Tatarstan. According to Finance Minister Alexei Kudrin, Russia received an additional $475 billion in revenue as a result of high global oil prices between 2000 and 2007.