Gas reserves growth in Russia exceeds production by 33%, oil – by 18%

According to geological exploration, the gas reserves increase made up 1 trillion cubic meters in 2013 (+33.2% more than production), oil resources and condensate are up by 635 million. It is by 17.6% higher the production.

Oil and gas condensate volume made up 523 million tons, according to Rosstat. Natural gas production, inclusive of associated gas reached 668 billion cubic meters.

Hydrocarbon resources increase using the funds of the federal budget made up 6.2 billion tons of oil equivalent (+3.3%) in 2013.

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