Total CEO: In Talks On Projects In Russia

French oil major Total SA (TOT) is in talks on potential projects in Russia, Chief Executive Christophe de Margerie said Tuesday in an interview with BFM Radio, but these discussions aren't sufficiently advanced to lead to a deal yet.
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Τρι, 2 Μαρτίου 2010 - 18:24
French oil major Total SA (TOT) is in talks on potential projects in Russia, Chief Executive Christophe de Margerie said Tuesday in an interview with BFM Radio, but these discussions aren't sufficiently advanced to lead to a deal yet.

Margerie also reconfirmed his view that oil prices are likely to range between $60 and $100 a barrel in 2010.

In a January interview, de Margerie said the supply-demand balance is pushing prices down, but at the same time expectations are pushing them higher.

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