April 18 Moscow, Russia, April 17 Department of Energy said that the Russian Energy Ministry expects Russian oil output this year will be lower than 2008's 9.735 million barrels per day.
Russian Energy Ministry said in a statement, on the contrary, Russia's crude oil production this year, there may be a slight increase in 2008.
Russia, a spokesman for the Department of Energy said: "At present, we expect that Russia will be this year's crude oil production in 2008 increased by 1% or 2% maybe."
Department of Energy of Russian crude oil production this year, optimism from a new oilfield in eastern Siberia, many of the production. Russian Ministry of Energy pointed out that the Talakan in East Siberia oil fields and oil fields Verkhnechonsk has started oil production in 2008, while the neighboring Vankor oil production in the second half this year.
According to preliminary statistics of the Russian Ministry of Energy, the Russian oil output in March increased by 0.4%, reaching 4,143,700 tons (9,760,000 barrels / day). Industry analysts said that as a result of the ruble against the U.S. dollar and the euro, the ratio of the recent sharp drop in crude oil export duties coupled with a reduction of expenditure cuts, the Russian oil producing companies have been encouraged to produce more crude oil.
Source: www.in-en.com Apr. 20, 2009
