In 2014 the oil extraction in the Russian Federation is 525 million tons, gas – 700 billion cubic meters – RF Ministry of Energy.
Edited by Rhod Mackenzie / 2014-02-13 04:54:57
In 2014 the RF Ministry of Energy predicts oil production in Russia at 525 million tons compared to 523 million tons a year earlier, stated Kirill Molodtsov, the deputy head of the department. According to him, it is expected that the gas production will increase from 694 billion cubic meters last year to 700 billion cubic meters in 2014.
K.Molodtsov noted that ministry expects oil to gain the effect of benefits granted in 2013. "By January the positive dynamics has already been reached", - he added.
