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Recent Commonwealth oil industry

United barrier scale, with 3I by the oil resources into reserves, 25 cries of resources into reserves of natural gas. Pass through a high conversion rate was undoubtedly the major oil fields. Second, cut the main cause of decline is one of the original nan lack of funds. Over the past year, prices of oil products and petrochemical products, 3) 00%, and promoting government-controlled price of crude oil increased by 400% Ni, resulting in oil and gas pipelines sector departments and a serious lack of maintenance and investment in infrastructure needed to expand production. On the other hand, crude oil prices rose faster than inflation. Caused by the oil companies are not required for the maintenance of existing equipment or replace, are unable to pay the necessary materials and equipment purchase costs, there is no more serious investment in infrastructure, production capacity can not be used to replace the natural decline due to oil production. According to estimates, according to market economic considerations, such as by the CIS for infrastructure investment should depend on the total output value of 210 l5 million. Net barter trade with Eastern European countries, dogs caused 15 billion U.S. dollars should be invested to ensure that new capacity to make up for oil field with a natural decline, which rely on delivery in the old oil base El infill drilling or mining technique used to strengthen or development of new oil to make up for El. Finally, the CIS refining workers Qi;; die of hunger,uggs boots italia, the secondary processing capacity is very low (about 10%), resulting in low conversion rate of only 60-65% (USA 87%). For the lack of Tuen Wedelia '23 * z ��I sentence Gen basket curium . A full rhino on oil demand,ugg stiefel, intra-CIS will consume 40oo tons of crude oil. In addition, such as pipelines and so caused great loss of the CIS within the past few years oil production continued to decline in the vicious circle. . Technically, the CIS and foreign countries due to the long isolation, and some areas have been unable to maintain the high yield and development of oil fields deep Mu guarantees new oil fields. CIS seismic exploration, deep drilling, horizontal wells and directional drilling techniques, enhanced oil recovery processes, etc. have a big gap with Western technology. Former Soviet feeding equipment manufacturing concentrated in a few areas. Production drilling, such as Ukraine. Azerbaijan's main production pump and oil equipment. After the disintegration of the Soviet Union, accounting for production of the former Soviet Union,oakley sunglasses, Russia must be 90 ah hard currency to pay for equipment purchase costs. �� other side, Azerbaijan racial disputes, a large exodus of skilled workers, the equipment manufacturer has been a serious setback. Most of the former Soviet Union's oil fields by flooding, water processes required for the sinking of electric submersible pump manufacturers alone can not meet the needs of the CIS. In addition, the production of sulfur and corrosive products, special equipment needed urgent need for more imported materials. Old oil field equipment and wells have to be repaired in time, otherwise, affecting production. It is predicted that a total of 20,000 wells require workover and well servicing happens to be one of the former Soviet Union's greatest weakness. In summary, the CIS within the oil industry in recent years will continue to row irresolute at a low level. Withdrawal of Russia's message CIS oil output in 1995 to 980 in case of 83l million barrels / day within this range. (Yu by side) a afternoon I] OPEC and Asia-Pacific region (Indonesia) Sibu Roto I., Zhi Xie 'Bu. about ten years ago, the world economy is still firmly rooted in the Western Hemisphere,uggs bestellen, especially the end of the Second World War, after the dog, the Western Hemisphere quickly to erase the traces of war and realize the modernization of domestic industry, destroy a social life also reached unprecedented Some of the highest level of the end, achieved spectacular economic growth. is now a completely different picture emerged, the United States and some Western European countries already in recession, the Air currency inflation; many countries the unemployment rate has been increase. In fact the Western Hemisphere have been fully a recession followed by a decline in the confidence of entrepreneurs and the people, fear of instability in the future clearly is constantly spreading. with this as a contrast, Asia-Pacific region is efforts to work silently, and lay a solid industrial base, and thus put forward the development strategy of export of industrial products, the success of this strategy in Asia Pacific will become the twenty-first century, the center of the world economy, this is a well known fact . The region's economy has been generally recognized as the world's most dynamic economy of the Japanese economy is now headed by the Asia Pacific region has achieved much higher than many Western countries,timberland portugal, economic growth, the future will also get higher and more remarkable economic growth. we all know, economic growth must be the energy input. Asia-Pacific region's rapid economic growth has led to demand for energy, Department of Petroleum Exporting Countries Secretary General Sibu Roto. * 24,