Rosneft’s production from hard to extract oil reserves should increase by 25 times within 13 years
Edited by Rhod Mackenzie / 2013-10-17 04:45:25
Rosneft’s production from hard-extractable oil reserves should increase by 25 times within 13 years, from 0.5 million tons in 2013 to 12.7 million tons in 2026, not taking into account oil beds in the Bazhenovsky and Abalaksky suites. These plans were brought into the public at the meeting with the analysts. Rosneft is going to produce from hard-extractable oil reserves 1.6 million tons in 2014-2015, 3.4 million tons in 2016, 4.4 million tons in 2017, 4.8 million tons in 2018, 6.1 million tons in 2019, and 7.4 million tons in 2020.
