Ministry of Energy forecasts oil production decrease by 2% by 2020

Oil production in Russia will decrease by 2% to 514 million tons by 2020. It may decrease by 10% by 2035. The data is in the energy strategy of Russia. It will be considered at the governmental meeting in one of these days. Kommersant writes the document has been changed taking into account western sanctions and oil price decrease.

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