Oil production won’t reduce in the next year maintaining at the level of 2014
Edited by Rhod Mackenzie / 2014-11-17 02:29:23
Oil production won’t reduce in the near year maintaining at the level of 2014. The state will support the oil companies including Rosneft in the era of the western sanctions, the Vice Premier, A. Dvorkovich says.
On the one hand, production reduces at the mature deposits but few new are launched. The state stimulates with tax benefits additional oil extraction from the mature mines and hard-extractable reserves. These additional benefits are included to the tax manoeuvre. The companies claim that they are able to compensate for the fall in production.
