The Energy Ministry has called critical to the Russian oil price of oil – Oil and Gas Information Agency

^ All News ^ Oil and Gas 29/01/2016 07:02 Moscow. Russian oil companies will be able to survive the current situation with oil prices only reduce investment, but $ 20 a barrel would not stand anybody. This was announced on the air of RBC TV First Deputy Energy Minister Alexey Teksler. «Companies will stand at the moment – only cease to make investments, $ 20 will not sustain one” – was quoted by Interfax. «Due to the fall in oil prices mainly affected the budget” – recalled an official. In the case of oil in Western Siberia 75-80% of the cost of oil was withdrawn in the budget. At $ 50 it dropped to $ 30-31 per barrel at $ 30 per barrel – $ 12-13, and at $ 20 – up to $ 4. He recalled that Russian companies the costs of oil production (lifting cost) of $ 3-6 per barrel, the overall production cost (cash costs) – $ 15-16 per barrel. Put an article on forum for discussion

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