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MOSCOW, September 29. /ITAR-TASS/. Russia’s discovered oil reserves stand at 17.8 billion tons, as calculated under the national reserves estimate system, President of the Union of Oil and Gas Producers of Russia Gennady Shmal told a press conference on Monday.
He said that C2 reserves stand at 8 billion tons.
In 2013, the reserves growth exceeded production by 688.34 million tons for oil and by 1 trillion cubic meters for gas.