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Ukraine to negotiate joint oil production with Russia

      RBC, 20.12.2006, Moscow 17:33:51.Ukraine is poised to negotiate with Russia on joint oil and gas production in the Caspian region, Ukrainian Prime Minister Viktor Yanukovich told a government meeting today.

      Yanukovich made this statement after informing other ministers that Naftogaz Ukraine had won a tender for oil extraction in Egypt. He also said that the company was going to produce one million barrels of oil in three years.

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