01 June 2017, Moscow — Russia could increase oil production next year to as much as 551 million tonnes, or 11.07 million barrels per day (b/d), and will begin testing a new tax regime to support output growth, Alexei Texler, first deputy energy minister, told Reuters. The increase will depend on how smoothly a global […] More »
Russia could boost oil output next year, to test new tax regime
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