RusEnergy

MOSCOW, January 25 (RIA Novosti) - Russian oil giant LUKoil has discovered a major oil and gas condensate field in the northern part of the Caspian Sea, the company said Wednesday. The new field located 220 kilometers (about 140 miles) away from the Caspian port of Astrakhan contains an estimated 600 million barrels of oil and 1.2 trillion cubic feet of natural gas, the company said.