Experts predict reduction in oil production in Russia

In 2017, the oil production in Russia will decrease by 55 thousand barrels per day to 10.76 million barrels per day. This was stated in the monthly report by the International Energy Agency (IEA) on Tuesday, June 14.

In 2016, the oil production in Russia is expected to reach 10.82 million barrels per day, which is by 100 thousand more than last year. The main growth is provided by Bashneft, Gazpromneft, Tatneft and Novatek.

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