Russia predicted record oil production

Russia predicted record volumes of oil and gas condensate for the summer of 2022. It is reported by the Norwegian analytical company RYSTAD ENERGY.

“Russia is on the way to establishing a new monthly record of oil production and condensate at 11.6 million barrels per day in July 2022,” the report says.

It is expected that the average annual level of production will be a record high in 2023 – 12.16 million b / s. Thus, for the year about 600 million tons of oil and condensate will be mined, despite the fact that the current peak indicator is 568 million tons in 2019.

Earlier it was reported that in June of this year, the volume of exports of Russian goods rose to a record indicator of $ 43.885 billion. “Russian exports grew due to the increase in oil production as a result of a gradual weakening of the restrictions of OPEC + and high prices for goods (oil, petroleum products, metals, wood and semi-finished products from it and agricultural products),” explained the specialist.

/Media reports.