April 21, according to BMI from the well-known analyst firm's latest study of the Russian oil and gas report, Russia will account for pre-2013 Central and Eastern Europe (CEE) of 50.77% of oil demand, at the same time, Russia will provide 70.96% of the oil supply.
BMI's analysts expect oil production in Russia from 2007 to 2018 will increase by 13.25 percent during the period, while Russia's oil production from 2018 years ago in 2007 to 9.98 million barrels per day increased steadily 11,300,000 barrels.
According to the study said, during this period the Russian domestic oil consumption is expected to increase by 27.40 percent, Russia's oil exports in 2018 will reach 7.86 million barrels per day the highest level.
Source: www.in-en.com Apr. 21, 2009
