Oil production in Russia will remain at the same level as last year

Oil production in Russia will remain at the same level as last year

The Department of Energy expects to maintain oil production in Russia in 2015 at the level of 2014, at 525 to 526 million tons. This was announced by the director of the department of mining and oil and gas transportation, Alexander Gladkov, in his speech at the Gaidar Forum.

 

"For some companies, a slight decrease will occur if oil remains at the same levels. However, other oil companies are planning to increase production. In general, we plan to stay at the same level," Interfax quoted him as saying,

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