"[I]n the longer term the damage done by the sectoral sanctions to the country's oil production may prove to be tangible. The success of the Russian oil industry will depend on whether Russia can create its own offshore and non-conventional development technologies," Lukoil said.
"Ngokuhamba kwesikhathi umonakalo owenziwe iminswinyo yomkhakha ekukhiqizweni kukawoyela wezwe ingase ibonakale. Impumelelo yemboni kawoyela yamaRussian izoncika ekutheni ingabe iRussia ingakwazi na ukuzakhela ubuchwepheshe bayo ngaphakathi ezweni nangezindlela ezingavamile," kusho i-Lukoil.