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Oil production in East Siberia reaching 54 mln tons in 2023 — Novak

Russian Deputy Prime Minister Alexander Novak pointed out that "this is about 10% of total oil production in our country"

MOSCOW, February 20. /TASS/. Oil production in East Siberia stood at 54 mln metric tons in 2023, Russian Deputy Prime Minister Alexander Novak said during the plenary session at the Russia Expo international forum.

"We were producing almost nothing is our East Siberia as early as in 2003. We have 54 mln metric tons of oil production to date - this is about 10% of total oil production in our country. If speaking about offshore fields in the Sea of Okhotsk, the Pechora and the Baltic Seas, we reached the level of 24 mln metric tons of production also almost from scratch. The potential is also vast there," Novak noted.

The International Russia Expo is running from November 4, 2023 to April 12, 2024 in Moscow. Its goal is to demonstrate Russia’s major achievements in various sectors of the economy, with all 89 Russian regions participating. TASS is the general information agency of the Forum.

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Alexander Novak

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