Minister says Russia expects 520 mln tons oil output in 2013

Minister says Russia expects 520 mln tons oil output in 2013

PanARMENIAN.Net - Energy Minister Alexander Novak said Saturday, Dec 7, that Russia will pump more than 520 million tons of crude oil in 2013, a post-Soviet record, according to RIA Novosti.

“This year we expect oil [output] to be about 520 million tons, despite setting a goal of pumping between 505 to 510 million tons,” Novak told reporters during a trip to the United States for meetings with his US counterpart.

In 2012 Russia produced 518 million tons of oil, up from 511.4 million tons in 2011.

Related links:
 Top stories
Ameria’s management staff, partners and public agencies, as well as local and int’l organizations are participating in the Oct 14-15 master classes.
In 2014, Ameriabank expanded its range of retail services with new offers, also providing more flexible and transparent terms of service.
Since 2010 the EBRD, EIB and EU have contributed a total of €30 million for the improvements carried out in two phases.
NCFA said its participation in this major exhibition aims to promote Armenia’s tourism opportunities at the European markets.
Partner news