Report: Russia's oil output seen stable until 2025

MOSCOW, Apr 17 (PRIME) -- Russia's oil output will be stable until 2025, First Deputy Energy Minister Pavel Sorokin told magazine Neftegazovaya Vertikal on Monday.

"According to the current forecast, output will be stable until 2025," Sorokin said.

The situation in the oil industry is "better than many forecasted", and the output exceeded a 515 million tonne plan by 4% and amounted to about 535 million tonnes in 2022 thanks to higher sales to the oil refineries and exports.

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