Since April 2020, Russian oil, gas conduction efficiency is high

Views show the Gapprom Nepté refinery in Omsk, rice on February 10, 2020. REUTERS / Alexey Malgavko / Files

MOSCOW, October 2 (Reuters) – Russia’s oil and gas container output rose to 10.72 million barrels per day in September, the highest level since 11.34 million bpd in April 2020, Reuters reports based on an Interfax report on Saturday. .

The total production of oil and gas containers last month was 43.86 million tons when a fire broke out at the GAZP.MM processing plant.

In addition, Interfax on Saturday saw Russia’s natural gas production increase by about 10 percent from August to 61.05 billion cubic meters.

Russia’s increase in oil and gas container production was in line with previous reports.

According to the OPEC + agreement, the gas container, a type of light oil, an industrial source, which is not specified in Russia’s output quota, stopped production in July at a rate of 3.07 million tons.

Russia’s leading oil producers, the OPEC + group, are holding an online meeting on Monday to determine further production policy.

Under the current arrangement, the team is increasing its output by a total of 400,000 barrels per month.

According to industry sources, OPEC + intends to go beyond the three-year-old oil background and beyond the existing agreement on consumer pressure for additional supply. Read more

OPEC oil production has also risen to its highest level since April 2020, as Nigeria’s production recovers from forced losses and the group’s top producers eased supply restrictions. Read more

Report by Vladimir Soltsky; Edited by Jane Warddale and Alexander Smith

Our Standards – Thomson Reuters Principles.


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