Telegram included in register of Internet information distributorsBusiness & Economy June 28, 20:56
Putin points to growing activities of foreign secret services against RussiaRussian Politics & Diplomacy June 28, 20:36
FIFA chief Infantino to attend Chile-Portugal 2017 Confederations Cup semis match in KazanSport June 28, 20:27
Lavrov expects US to refrain from creating pretexts for new attacks on SyriaRussian Politics & Diplomacy June 28, 20:09
Top diplomat says Germany willing to open new chapter in relations with RussiaWorld June 28, 19:28
Russia open for cooperation with Germany in war on terror, Lavrov saysRussian Politics & Diplomacy June 28, 19:22
Baltic Fleet’s fighter jets hold air combat drills in Russia’s westernmost regionMilitary & Defense June 28, 18:57
Russian telecom watchdog to include Telegram in registerBusiness & Economy June 28, 18:51
Skolkovo Foundation proactively cooperating with China — IT projects directorBusiness & Economy June 28, 18:41
MOSCOW, April 13 (Itar-Tass) —— An average Urals crude price will amount to $106 per barrel in 2030 (in the prices of 2010), Deputy Economic Development Minister Andrei Klepach told reporters on Friday. He was commenting on the long-term socioeconomic development forecast the ministry had drafted for the period until 2030.
The deputy minister said the crude price would go down a bit at first and then resume a steady growth, approximately 1% per annum.
Risks related to the crude price dip to approximately $80 per barrel would be more sensitive for the economy if the conservative forecast based on the raw material model is endorsed, he said. In that case, an average GDP growth will be slightly more than 2%, he added.
The ministry thinks that the crude price will go under $100 per barrel in 2013-2019, with the smallest price ($91 per barrel) in 2013, and will hit its maximum ($106) in 2029-2030.
An average gas contract price (including CIS countries) will continue to grow and may reach $544 per 1,000 cubic meters (by the innovative model) and $591 per 1,000 cubic meters (by the conservative model) by 2030, Klepach said.