Russia. Oil and gas production upward trend may change in 2014
Edited by Rhod Mackenzie / 2014-03-04 05:28:45
The current oil and gas production growth trend may change. Analysts, commenting on the preliminary data of the Central Dispatch Department of the Fuel and Energy sector over the first 2 months of 2014.
According to the data in mass media, oil production in the Russian Federation increased by 1.5% to 85.4 million tons in January-February 2014, gas production went up by 0.6% to 123.65 billion cubic meters. Oil export went down by 4.3% to 36.3 million tons, gas exports are up by 6.5% to 39.2 billion cubic meters.