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Russia plans peak oil in 2010

Russia's oil production is unusual because it initially peaked during the soviet period. They made a bit of a mess of things generally and there is now a move towards a second peak. The Russians recently (Tuesday) said that they were aiming at about 10.3 mbbl a day which is higher than September 2005's 9.53 mbbl/d.

Yesterday the Daily Express led on the cold winter and possibility of a consequent difficulty with gas supply - you read that first here.

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