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Alexander Novak: Oil Production in Russia in 2025 Will Decrease to 515-520 Million Tons

Summary by ROGTEC
The volume of oil production in Russia in 2025 is projected at 515-520 million tons. This was announced to journalists by Russian Deputy Prime Minister Alexander Novak. “Around 515-520 million tons,“ he said, answering a question about the forecast for oil production this year. By the end of 2024, oil production in the Russian Federation amounted to 516 million tons. At the same time, Novak noted that compared to 2024, production may be slightly…
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ROGTEC broke the news in on Wednesday, March 26, 2025.
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