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Russia revealed its 2020 annual oil and gas production target

Release Time:2014/8/15 Clicks: 2086

    According to the Greek Energy News Network October 24th reports from Moscow, Russian Deputy energy minister Anatoly Yanovskiy held in Moscow today's international energy week meeting, the Russian energy ministry expects Russia in 2020 before the annual output of 500000000 to 5.2 tons annual output of oil and natural gas 850000000000 cubic meters.

    Ianu J J Ki said: "by 2020, the year of Russia in oil production will reach 500000000 to 5.2 tons, the export volume will reach 2.7 tons".

    He added, the Russian natural gas production is expected to increase to 850000000000 cubic meters in 2020 before the natural gas, the annual export volume will reach 300000000000 cubic meters.

    According to the Russian statistics institutions of the latest statistics, Russia's 2010 production of 5.049 tonnes of oil, an increase of 2.1% compared to the same period in 2010, Russia's natural gas production increased 11.5%, reached 650311000000 cubic meters.