By 2017, oil production can fell by 5% to 27 million tons compared to the current level
Edited by Rhod Mackenzie / 2014-10-22 05:20:41
By 2017, oil production can fell by 5% to 27 million tons in Russia compared to the current level, the Vice President of Lukoil L. Fedun says.
In his opinion, production will reduce after 2014. It got stable within the latest years, and no growth is awaited any more.
In 2013, oil production increased by 5.2 million tons to 523 million tons.
Translated by Nadezhda Poltoratskaya