Ministry of Energy: oil processing in Russia to stay at the level of 2014

​The deputy Minister of Energy, K. Molodtsov, said that the volume of oil processing in Russia in 2015 will stay at the level of 2014 - 270-280 mln tons. Processing efficiency will also rise.

He mentioned Lukoil’s success in the development of oil processing. From the point of view o the main goal – providing the country with high-quality fuel- all oil companies execute their obligations. Some are late, but the schedule is fulfilled. Lukoil is ahead of all and works at a high level, Molodtsov added.

The Vice-Prime Minister, A. Dvorkovich, said that the situation in the domestic market stays stable. All forecasts concerning the country are executed, the price rises within the planned range. We hope the next 3 years we will fully complete the modernization program, he said.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer