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Another Source of non-OPEC oil output growth disappears


As I've said many times, the crucial role
Russia played since the late 1990s as the
main growth driver for non-
OPEC oil production will be sorely missed.
But the US Energy Information Agency (EIA)
forecast three countries would step up in 2009
to reverse the 2008 fall in production: the US,
Brazil, and Azerbaijan. Now one of these countries
says their 2009 output will be flat.

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