Total Investment plans on Track Amid Low Crude Prices: CEO
The French company will keep to its investment plans amid lower crude prices. Production growth over the next 10 years will come from deep-water fields in Africa, heavy-oil ventures in Canada and liquefied natural-gas projects.
Christophe de Margerie said:
All the projects which are under way will be completed. We can easily take the time to continue our long-term investment strategy.
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Wed, Oct 15, 2008
Post by Mike Rodger, Oil Reporter