All news

Russia’s liquid hydrocarbons production increased in September — OPEC

It is noted that the forecast of oil production in Russia is exposed to a high risk of uncertainty

MOSCOW, November 14. /TASS/. Liquid hydrocarbons production in Russia increased by 169,000 barrels daily to 11.1 mln barrels per day, the Organization of Petroleum Exporting Countries (OPEC) said in its November report.

Oil and gas condensate account for about 9.8 mln barrels per day and natural gas liquids amount to 1.3 mln barrels per day.

OPEC also revised upward the forecast for liquid hydrocarbons production in Russia in 2022 to 10.93 mln barrels per day (up 1.23% against 2021). The figure may go down by 7.78% to 10.08 mln barrels daily (minus 62,000 barrels per day against the previous estimate).

The forecast of oil production in Russia is exposed to a high risk of uncertainty, OPEC said.

Tags