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Russia boosts liquid hydrocarbons production by 0.2 mln barrels daily in 2022 — OPEC

It is reported that production in Russia in 2023 will drop by 0.85 mln barrels daily to 10.2 mln barrels per day

TASS, January 17. Russia scaled up oil production by 0.2 mln barrels per day to 11 mln barrels daily, the Organization of Petroleum Exporting Countries (OPEC) said in its January report.

According to forecasts, liquid hydrocarbons production in Russia will be 11 mln barrels daily in average in 2022, OPEC said. This value was revised upward by 68,000 barrels daily largely because of greater production in November and higher provisional data of production in December, the Organization noted.

Production in Russia in 2023 will drop by 0.85 mln barrels daily to 10.2 mln barrels per day, OPEC added.

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