December 7, 2013 - 17:53 AMT
Minister says Russia expects 520 mln tons oil output in 2013

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.