Scandoil  

Growth Means Opportunity

The price of oil has been a dominant theme for 2004, with WTI passing $55 per barrel. The sector is continuing to plan for huge capital expenditure outlays to ensure reserve replacement. Russia has grabbed many headlines and we believe this will continue to be a hotspot in the coming future. We will also comment on the growing LNG sector and the dynamics facing investors looking to finance this growth.

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