Russian oil firms warned of large flaring fines

Burning issue: Minister warns oil companies to stick to flaring target or face fines

Reuters/Scanpix

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Bill Lehane ,

News Wires

 18 June 2012 09:28 GMT

Russia’s new resources minister has warned the country’s oil companies they are facing fines of hundreds of millions of dollars for polluting the atmosphere with excess amounts of flared gas.

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