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Russian oil production averaged 11.1 mln bpd from Jan. 1-15

 


MOSCOW
Petroleumworld.com 01 17 2017

Russian oil and gas condensate production averaged 11.1 million barrels per day (bpd) from Jan. 1-15, two energy industry sources told Reuters on Monday.

According to the sources, production averaged 1.514 million tonnes a day in the first two weeks of January compared to an average of 1.516 million tonnes a day during the first week. In barrels per day, it was almost flat.

Russia has committed to a 300,000 bpd cut during the first half of 2017 as a part of a global deal with OPEC.



Story reporting by Olesya Astakhova; Writing by Katya Golubkova; Editing by Andrew Osborn from Reuters.

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