Friday, April 8, 2016

For the first time in three years Europe has increased the import of Russian oil – NevaInfo

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In the Russian Federation last year for the first time six years increased its total oil exports. It was found that over the past year they have increased by 8% to 150 million tonnes.

Thus, the capital of Russia is not to worry about the Saudi expansion in the traditional Russian markets. “We are waiting for the stars to be further supportive of Russian exporters oil », – he informed

Recall that the Russian authorities called an acceptable level of prices for oil in the region of $ 45-50 per barrel.

The current price level (barrel of Brent was trading at 17:00 MSK on Friday at $ 41.14) would satisfy almost reached the level of capital.

In 2015, Russia may continue to increase in the supply of raw materials to the European market against the background of growth in production, according to Nazarov from Gazprombank.

This week the Minister oil the country BidzhanZangane announced that the production of oil in the state was in the late winter of about 3.1 million barrels. per day. This follows from Bloomberg calculations made based on the data of the RF Ministry of Energy.

Still weak rubles. It is supporting the growth of oil production, because when it is low cost companies to date are reduced, and the rate of export duties for “black gold” is adapted to the cost of a barrel. Only one of “Rosneft” in the last year marked an increase of 10.2% of the free flow of currency. To the minimum price oil in 2015 was $ 28. In addition, the company has a nice portfolio of greenfield projects and will be able to provide a 11 per cent ratio of the free flow of currency to the capitalization at the quotes in the $ 40 / barrel. notes nevainfo.ru

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