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Arctic oil still seen decades off as producers balk at costs

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STOCKHOLM, Sweden (Bloomberg) -- Lundin Petroleum AB, the Swedish explorer focused on Norway, said there won’t be any new oil output in the ice-filled waters of the Arctic for at least 15 years because of technical and logistical challenges.


Arctic oil still seen decades off as producers balk at costs Arctic oil still seen decades off as producers balk at costs Reviewed by Crude Oil Brokers on 12:39 Rating: 5

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