Petrom plans to boost production by 40 pc up to 2010

Petrom Co. that faces a decline in oil reserves in Romania plans to boost production by 40 percent in the coming three years, following investments to be implemented in Caspian Sea region and in Russia.Petrom's oil and natural gas production dropped by 6 percent last year, until a level of 205,000 barrels per day and, this year, production could even decline below 200,000 barrelsday, Ziarul financiar daily reports on Wednesday.The target for 2010 is to boost oil and natural gas production ...

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