UP

Russia’s oil production will be at 10-12 mln tonnes in 2016

Home page Politics
12 Punto 14 Punto 16 Punto 18 Punto
Russia’s oil production will be at 10-12 mln tonnes in 2016

Russia will increase oil production by 10-12 mln tonnes in 2016, Energy Minister Alexander Novak told reporters.

"Production gain in 2016 is higher than in 2015, approximately 10-12 mln tonnes," he said.

Novak said that the oil production freeze for Russia is same as production decline, because growth in production was forecast in coming years.

It is possible to freeze the crude production at the level of November if OPEC member-states take a final decision at the cartel’s meeting in Vienna, Novak said.

"The issue will be discussed depending on when our OPEC colleagues reach an agreement. In case they do it on November 20, it is probably logical to take November as a base," Novak said.

Date
2016.11.10 / 15:44
Author
Axar.Az
See also

Aliyev–Vance expanded meeting held in Baku

Azerbaijan and US to deepen civil nuclear cooperation

Vance praises Aliyev’s role in preventing conflict

Arab Parliament President arrives in Azerbaijan

US Vice President thanks Azerbaijan for friendship

Aliyev and Vance address the press in Baku

Aliyev holds a meeting with James David Vance in Baku

Official welcome ceremony held for US VP

Bayramov meets US Chamber of Commerce delegation - Photo

US Chamber invites Ilham Aliyev to Washington

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla