Arab Today, arab today russian oil production hits postsoviet high
Last Updated : GMT 08:19:34
Arab Today, arab today
Arab Today, arab today

Russian oil production hits post-Soviet high

Arab Today, arab today

Arab Today, arab today Russian oil production hits post-Soviet high

Moscow - AFP

Russian oil production reached a record 511 million tonnes in 2011, but output levels are unlikely to increase further over the next three years, an official said Saturday. Sergei Kudriashov, the vice-minister for energy, said the output level was up by about one percent last year, a record for the post-Soviet period. "We understand that in the three coming years, we are going to have a lull in the operation of new deposits," he said in comments broadcast on public television station Russia 24. "That's why the principle task now is to use the resources we have and maximise the efficiency of work in old deposits." He estimated Russia would be able to maintain an oil output of about 510 million tonnes for the next three years. "In 2008, when oil prices were at a high, we saw a drop in production," he said. "In the last three years, we've succeeded in reversing the trend."

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today russian oil production hits postsoviet high Arab Today, arab today russian oil production hits postsoviet high

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today russian oil production hits postsoviet high Arab Today, arab today russian oil production hits postsoviet high

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday