Ministry of Energy forecasts stabilization of oil production in Russia at the level of 525 million tons till 2017

The Ministry of Energy predicts the stabilization of oil production in Russia at the level of 525 million tons per year till 2017, the press centre of the Ministry of Energy reported.

According to the forecast, signed by the Deputy Minister, Kirill Molodtsov on Monday, in 2014, a small growth is planned - up to 525.3 million tons, in 2015-2016, the production is expected to be 525 million tons steadily, the forecast for 2017 is 526 million tons.

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