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November, Monday



Question of the week

Will the russian Turkish stream be launched, or an apology to Erdogan is not enough?

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News // Oil and gas worldwide

Oil Priorities

20 March 2001 , 14:01302
The volumes of the Russian oil export in the second quarter of 2001 will not increase and will even decrease at the expense of the rise in the domestic oil consumption, RF Energy Deputy Minister Alexei Miller anounced. When touching upon the oil prices issue he added that the most acceptable oil price for Russia is around $25-27/bbl.According ro him, such level of prices allows to keep up the steady level of oil production, which demands more and more money.


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