Russia to Pump Up Oil Production by 2010

Russia will increase by 2010 its extraction of oil to 10 million 600 thousand barrels per day, according to data of the International Energy Agency (IEA) released here on Wednesday.

According to those estimates, Russian crude production could decline in 2012 to 10.5 million barrels per day.

The hydrocarbon productive surge responds to about 20 projects conducted by leading oil companies of the domestic market like Rosneft, Gazprom, Surguteneftegaz, the TNK-VR holding and Russneft.

PrensaLatina