Russian Energy Minister Alexander Novak said that annual oil production in Russia is going to fluctuate in the range of 525-545 million tonnes until 2035.
"Between 525 and 545 million tonnes - forecasts within this range will be correct," TASS cited him as saying.
On Thursday, Alexander Novak said that Russia's oil production in 2016 might exceed 540 mln tonnes. In 2017 the output is expected at 537 million tonnes.
