Rosneft forecasts decrease in oil production in 2014
Edited by Rhod Mackenzie / 2014-09-30 06:41:22
Rosneft forecasts a decrease in oil production in 2014. I.Sechin the head of Rosneft said in an interview to ITAR-TASS on September 29th, 2014.
According to him, the reduction of oil production will be compensated by the production of gas. I.Sechin said that the production decline is owing to the talks with the contractors.
“We did not agree to raise prices for servicing and took a decision to reduce production, but increase efficiency,” he said.
He added confidently he would compensate for it in 2015.
