$this->bbcode_second_pass_quote('', 'M')oscow: Russia, the world’s biggest oil producer, raised output to a post-Soviet era high of 10.51 million barrels per day (bpd) in 2013 buoyed by high prices and exports to China.
That was a rise of almost 1.4 per cent and took production to 523.276 million tonnes, Energy Ministry data showed on Thursday.
The rise defied some predictions for a decline from aging oilfields in West Siberia, which together with natural gas sales generate over half of Russia’s state budget revenues.
December’s monthly production averaged 10.63 million bpd, also a post-Soviet high.
http://gulfnews.com/business/oil-gas/russia-2013-oil-output-reaches-post-soviet-high-1.1273352
PeakOil is You
Russian secondary peak approaches?
Re: Russian secondary peak approaches?
by Subjectivist » Wed 08 Jan 2014, 07:16:51
Looks like there is still a lot of optimism about Russian oil.
II Chronicles 7:14 if my people, who are called by my name, will humble themselves and pray and seek my face and turn from their wicked ways, then I will hear from heaven, and I will forgive their sin and will heal their land.
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