Russian Ministry of Economic Development increases forecast of oil production in Russia in 2016 from 528 million tons to 533 million tons
Edited by Rhod Mackenzie / 2015-10-13 01:56:05
The Russian Ministry of Economic Development forecasts the growth in the oil production in Russia in 2016 to 533 million tons, said the Economic Development Minister Alexei Ulyukayev.
"We now make calculation with the Ministry of Energy. We refined the outlook for the oil production plus 5 million tons from 528 to 533 million tons next year. And by 7 million tons in exports, and it seems to me there is a reserve,"- Ulyukayev said.
