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Level of equipment import in oil production sector to decline in coming years — minister

June 25, 2015, 11:50 UTC+3 MOSCOW
We believe the imported equipment volume will decline to 41-43% in the sector of oil production, refining, and power generation," the deputy energy minister said
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© ITAR-TASS/Yuriy Smityuk

MOSCOW, June 25. /TASS/. The level of equipment import in oil production and refining and power generation industry will decline to 41-43%, Deputy Energy Minister of Russia Kirill Molodtsov said on Thursday.

"The roadmap and the program were developed with identified priorities, timeline and main development institutions on the imported equipment substitution, particularly gas turbines. We have about thirteen of such issues and areas. Activities are on track. We believe the imported equipment volume will decline to 41-43% in the sector of oil production, refining, and power generation," the deputy minister said.

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