Minister sees Russian oil output rising to 533 mln tns in 2015

MOSCOW, Oct 14 (PRIME) – Russia will produce 533 million tonnes of oil in 2015, Energy Minister Alexander Novak said Wednesday at a meeting of the executive board of the Russian Union of Industrialists and Entrepreneurs.

“We expect an improvement of industrial performance in 2015, of technical and economic figures in almost all branches (of the energy industry). In the oil industry… last year, we reached a level of 526.3 million tonnes and this year, we expect 533 million tonnes.”

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