LUKoil Strike's Oil In Caspian Basin
By Valeria Korchagina
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
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