Saturday, October 29, 2016

The Ministry of economic development said, when the growth of oil production – Federal news Agency No. 1

Ministry of economic development said, when the growth of oil production

Moscow, October 29. According to the macroeconomic forecast of the Russian Ministry of economic development, to 2019, the volume of oil production will continue to grow.

Domestic economic development has prepared a forecast regarding the production of black gold, which featured the following data. In 2016, oil production will increase by 2% by 0.7% in 2018 and 0.9% in 2019% oil production growth is not expected.

the Reason for stopping growth of volumes of oil depletion is economic and profitable reserves in the regions with developed infrastructure, which includes Western Siberia, the Urals, the Volga region. As well as difficult weather conditions, poor infrastructure in new production regions.

the document the Ministry also stated that the negative role played by lack of necessary equipment for the implementation of complex projects with limited imports. As reported Газета.Ru to improve the competitiveness of the domestic industry of oil production should lower the cost of production through the use of efficient technologies.

Irina Selezneva

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