Russia has almost overcome Saudi Arabia
Edited by Rhod Mackenzie / 2015-11-02 01:48:48
Oil and gas condensate extraction in Russia in Jan-October 2015 reached 444.12 mln tons or 10.7 mln barrels a day. This is by 1.4% more than in Jan-October 2014.
Only in October the Russian companies extracted 5.57 mln tons of oil, by 1.3% more than in October 2014. The average daily extraction rate reached 10.776 mln barrels a day having overcome he record of 10.74 mln barrels a day in September.
The data on oil extraction in Saudi Arabia is not released as yet but one can state for sure that Russia has overcome Saudi Aramco. Saudi Arabia reported that in August it extracted 10.362 mln barrels, there is no information about the growth of results as yet.
