Russian output of oil and gas will increase 150% from present levels by 2020. German Gref, Russia's minister for economic development, forecast the increase during the 2nd Russian-American Business Energy Summit.
Gref said that oil production in Russia over the next 16 years would grow by 120-150 million tonnes, an amount that could be considered a reserve and used for export to the US market. He said participation by Russian companies in the world energy market was a strategic task for Russia's fuels-energy sector. Gref said Russian oil production for 2003 should be up to 410 million tonnes.
An objective analysis of where the United Kingdom and its Prime Minister stand one hundred days before the Brexit deadline. Let us see the facts, not conjecture