Russia. Oil production increased 2.1%

Russia increased oil production volume in January-June 2016 mainly at the expense of not very large companies compared with Rosneft and LUKOIL, which reduced production, RBK reports.

In total, production increased by 2.1% year-on-year and made up 269.877 million tons. Maximum growth of oil production was at OJSC “NOVATEK”

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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