Russian oil production will total 494 million tonnes in 2026, Economic Development Minister Maxim Reshetnikov said while presenting the socio‑economic forecast for 2027 and 2028-2029.
"We have set the oil production estimate for this year at 494 million tonnes. In 2027, we expect a recovery to 500 million tonnes",
Reshetnikov said.
According to Reshetnikov, output is expected to reach 505 million tonnes in 2028-2029.
