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Rosneft Raises Output Plan

Rosneft plans to increase oil output to 133 million tons by 2015, vice president Mikhail Stavsky said Saturday, Interfax reported.

Production will rise from a planned 118.7 million tons in 2011, Stavsky said in Khanty-Mansiisk, the agency reported. Yuganskneftegaz, its biggest unit, will keep output at this year’s 64 million-ton level, he said.

(Bloomberg)

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