Source Pravda.Ru

Energy Ministry posts plans to increase oil and gas production

Russia is going to produce 390m tons of oil in 2003 compared to 379m tons in 2002, a report of Energy Minister Igor Yusufov says. The production of natural gas is expected to reach 603-604bn cubic meters against 593-594bn cubic meters in 2002. The production of coal and the volume of oil processing will be raised this year as well, to 270m tons and 190m tons respectively. Furthermore, the volume of generated electrical energy is planned to rise to 903-904bn kWh.

The statement of the Energy Minister says that in 2003 the Ministry would complete the Russian energy strategy throughout 2020. This strategy, in particular, stipulates the development of new deposits (in Eastern Siberia, Far East and on the sea shelf).

The main task of the Energy Ministry for 2003 is to provide guaranteed, stable and solvent consumer demand for fuel and energy resources on domestic and external markets. To fulfill this task, the Ministry will make efforts to promote further growth in the fuel and energy sector.

The Kremlin believes that new possible sanctions against Russia may lead to disastrous consequences, as Washington's actions will come contrary to the generally accepted rules of international trade

New 'bill from hell' against Russia to bring hell to USA
Comments
The Immigration Flip-Flop Heard Round The World
Three types of weapons that were stolen from Russia
New 'bill from hell' against Russia to bring hell to USA
US wants Russia to return Crimea, forget Donbass
The Documented Ancient Construction Method of The Great Pyramid
US wants Russia to return Crimea, forget Donbass
Poland happy to buy US MLRS HIMARS systems that reach Russia
Poland happy to buy US MLRS HIMARS systems that reach Russia
New 'bill from hell' against Russia to bring hell to USA
US Treasury takes control of Siberia
Poland happy to buy US MLRS HIMARS systems that reach Russia
Poland happy to buy US MLRS HIMARS systems that reach Russia
New 'bill from hell' against Russia to bring hell to USA
US nano weapon killed Venezuela's Hugo Chavez, scientists say
The Great GOP Tax Cut Heist a Year Later
New 'bill from hell' against Russia to bring hell to USA
Poland happy to buy US MLRS HIMARS systems that reach Russia
Poland happy to buy US MLRS HIMARS systems that reach Russia
US wants Russia to return Crimea, forget Donbass
US wants Russia to return Crimea, forget Donbass
New 'bill from hell' against Russia to bring hell to USA