Rosneft plans to increase output 30% by 2020, 50% by 2025

Business & Economy May 24, 2014, 15:24

As Rosneft reported earlier, the hydrocarbon output grew 80.3% to 4.989 mln barrels of oil equivalent a day in 2013

ST. PETERSBURG, May 24 (Itar-Tass) - Rosneft plans to increase production of hydrocarbons by 30% by 2020 and 50% by 2025, the company’s head Sechin told reporters during the Petersburg Economic Forum.

As Rosneft reported earlier, the hydrocarbon output grew 80.3% to 4.989 mln barrels of oil equivalent a day in 2013. A total of 38,17 bln cub/m of gas and 203.841 mln tonnes of oil were produced in 2013.

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