Oil production in Russia has already recovered
Russia’s total oil exports and production will remain approximately at today’s level, Vladimir Putin said at the plenary session of the Russian Energy Week International Forum, according to the speech transcript published on the official website of the Kremlin.
“Oil production in Russia has already recovered and is even slightly higher than last year. We plan that by 2025, our total oil exports, as well as production, will remain approximately at today’s level,” said the President adding that Russia will be able to ensure oil production at the required level despite the Western companies leaving the Russian market.
Related link:
Oil traffic drives towards BRICS>>>>
Russian President bans unfriendly countries from transactions involving shares in hydrocarbon projects >>>>
EU agrees on eighth package of sanctions against Russia>>>>