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Russia cuts Sakhalin-1 2012 funds to $2.89 bln-source
Reuters: Company News
Posted on December 30, 2011 at 08:07 AM EST
MOSCOW, Dec 30 (Reuters) - Russia has approved a 2012 budget of $2.89 billion for the ExxonMobil-led Sakhalin-1 oil project, down from $3.26 billion for this year, an industry source told Reuters on Friday.
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