Source Pravda.Ru

YUKOS reduces plan of oil output

YUKOS has decided to decrease the amount of its capital investments and operation expenses by about $700m in 2004 and delay payments of some taxes, the company reported. As a result, the company's planned oil output for 2004 will be cut from 90m tons to 86m tons, which is 6 percent higher than in 2003.

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&to=http://english.pravda.ru/main/18/89/355/13524_YUKOS.html' target=_blank>Global oil market can be influenced by YUKOS reducing oil sales ...

&to=http://english.pravda.ru/main/18/89/355/11179_yukos.html' target=_blank>Yukos Slipping Away?

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China Warns Against Travel to US and Canada
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