Gazprom Neft is going to raise oil production by 8%

Gazprom Neft is going to raise oil production by 8%

 Gazprom Neft is going to raise oil production by 8% to 59-60 million tons in 2016 at the expense of the new projects development in Russia and Iraq. The company is going to maintain further growth in production with the help of the new taxation and the technologies raising the deposits’ oil productivity including offshore and hard-extractable reserves being under the sanctions.