Oil and Gas Markets to 2025 - LUKoil
... remarkable rank considering that it is directly below Rosneft and near to 5th placed Gazprom. It shows that gigantomania is not key to success as efficiency still strikes... ... the small margins for a total consumption reduction of 30% by 2025. Overall, LUKoil forecast that BRENT oil prices in US/bbl will incur a steady rise until 2025. Only exception... ... 2020 the market will need an extra 50 bcm on top of the existing contracts as certain long-term contracts end, but supply will increase by 250 bcm in essence flooding the...
25.07.2013