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Russia's oil output is likely to fall to 480-500 million tons this year, down from 524 million tons in 2021, said Deputy Prime Minister Alexander Novak, Russian news agency TASS reported

Russia anticipates its oil output to drop by 8.4% this year : TASS

Moscow’s average daily oil and gas condensate production amounted to 1.398 mln tons from May 1 to 15, 2022

By Ishika Dangayach
Published - May 26, 2022, 07:21 AM ET
Last Updated - Feb 29, 2024, 02:14 PM EST
  • Moscow’s average daily oil and gas condensate production amounted to 1.398 mln tons from May 1 to 15, 2022
  • Russia's oil output is likely to fall to 480-500 million tons this year, down from 524 million tons in 2021, said Deputy Prime Minister Alexander Novak, Russian news agency TASS reported.

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