Oil production in Russia in 2017 will be reduced by 55 thousand barrels per day, to 10.76 million barrels a day. About this Tuesday, June 14, said in its monthly report the International energy Agency (IEA).
In 2016, production in Russia is expected at the level of 10.82 million barrels per day, which is 100 thousand more than last year. Ensure the main growth of the company “Bashneft”, “Gazprom Neft, Tatneft and NOVATEK
While global demand this year will grow by 100 thousand barrels per day to 96,07 million barrels, the Agency predicts. Oil production in countries outside OPEC, in 2016 will fall to 900 thousand barrels per day, which is 100 thousand more than previously predicted.
Production in OPEC countries fell in may compared with April by 110 thousand barrels per day and reached 32,61 million due to strikes in Nigeria. According to the IEA, Iran has increased its production in may on 80 thousand barrels a day to 3.64 million (highest since Jun 2011).
9 Jun Prime Minister Dmitry Medvedev said that the share of oil revenues in the budget fell to a third.
A day earlier, on June 8, Finance Minister Anton Siluanov said that the ruble is no longer directly dependent on oil prices, it is influenced by other factors.
The budget for 2016 laid out based on the average price of Urals oil at $ 50 per barrel. It is expected that the deficit will reach 2.36 trillion rubles.
