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Russian min sees oil reserves rising by 550 mln tns, gas by 700 bcm

MOSCOW, Oct 24 (PRIME) -- Russia’s oil reserves will grow by 550 million tonnes and the gas reserves by 700 billion cubic meters (bcm) in 2018, according to a presentation of the Natural Resource and Environment Ministry demonstrated on Wednesday.

The output plan for 2018 is 541 million tonnes of oil and 602 bcm of gas.

In 2017, Russia’s reserve replenishment amounted to 550 million tonnes of oil and 890 bcm of gas.

(65.3101 rubles – U.S. $1)

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24.10.2018 13:24