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Total Investment plans on Track Amid Low Crude Prices: CEO

October 15, 2008 @ 3:28 pm In Oil Company News

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.

For full story, click here [1]

For Total's website, click here [2]


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URL to article: http://oilinvestingnews.com/289-total-investment-plans-on-track-amid-low-crude-prices-ceo.html

URLs in this post:

[1] here: http://www.bloomberg.com/apps/news?pid=20601085&sid=afHEH4NsElrA&refer=europe

[2] here: http://www.total.com

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