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WorldPosted at: Jun 7 2020 12:40AM


Russian Oil Output in 2020 Expected to Reach 520Mln Tonnes - Novak

Moscow, Jun 6 (Sputnik) Russia is expected to produce between 510 million and 520 million tonnes of oil and oil condensate in 2020 under the extended OPEC+ deal on output curbs, Energy Minister Alexander Novak said Saturday.
"We estimate that figure at around 510-520," Novak told reporters after the virtual ministerial meeting.
The minister, who co-chaired this Saturday's meeting of the OPEC+ alliance of oil producers, said the deal's expiration date could change.
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