Utrania was formerly a major petroleum exporter, but in recent decades economic stagnation and restrictive regulations inhibited investment in new oild fields. In consequence, Utrania oil exports dropped steadily as old fields became depleted. Utrania's currently improving economic condition, together with less restrictive regulations, will undoubtedly result in the rapid development of new fields. However, it would be premature to conclude that the rapid development of new fields will result in
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