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LUKoil Strike's Oil In Caspian Basin
(TheMoscowTimes.com)
March 24, 2000
By Valeria Korchagina Staff Writer
ASTRAKHAN, Southern Russia - After years of frustration, Russia has finally struck oil in its section of the Caspian Sea basin.
LUKoil, the nation's largest oil company, triumphantly proclaimed Thursday the discovery of a major new oil deposit some 350 kilometers southwest of Astrakhan.
The deposit harbors an estimated 300 ...... Read more on TheMoscowTimes.com
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