https://sputnikglobe.com/20221206/russia-increased-oil-production-by-22-to-488mln-tonnes-in-11-months-senior-official-1105088824.html
Russia Increased Oil Production by 2.2% to 488Mln Tonnes in 11 Months: Senior Official
Russia Increased Oil Production by 2.2% to 488Mln Tonnes in 11 Months: Senior Official
Sputnik International
MOSCOW (Sputnik) - Russia increased oil production by 2.2% up to 488 million tonnes over the 11 months of 2022, Russian Deputy Prime Minister Alexander Novak... 06.12.2022, Sputnik International
2022-12-06T07:46+0000
2022-12-06T07:46+0000
2022-12-19T13:53+0000
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"[Russia's oil production amounted to] 488 [million tonnes] in 11 months, yes. It is an increase of 2.2%," Novak told reporters.Last week, the European Union reached an agreement on setting a price cap on Russian oil at $60 per barrel, which went into effect on Monday. The price cap will be reviewed every two months to remain at 5% below International Energy Agency benchmark. The Group of Seven (G7) nations and Australia also agreed on the same day to set a $60 price cap on Russian oil.Kremlin spokesman Dmitry Peskov said that Moscow was preparing a response to the decision by the US-led collective West to introduce a price cap on Russian oil and will never recognize the measure.
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Russia Increased Oil Production by 2.2% to 488Mln Tonnes in 11 Months: Senior Official
07:46 GMT 06.12.2022 (Updated: 13:53 GMT 19.12.2022) MOSCOW (Sputnik) - Russia increased oil production by 2.2% up to 488 million tonnes over the 11 months of 2022, Russian Deputy Prime Minister Alexander Novak said on Tuesday.
"[Russia's oil production amounted to] 488 [million tonnes] in 11 months, yes. It is an increase of 2.2%," Novak told reporters.
Last week, the European Union reached an agreement on setting a price cap on Russian oil at $60 per barrel, which went into effect on Monday. The price cap will be reviewed every two months to remain at 5% below International Energy Agency benchmark. The Group of Seven (G7) nations and Australia also agreed on the same day to set a $60 price cap on Russian oil.
5 December 2022, 07:53 GMT
Kremlin spokesman Dmitry Peskov said that
Moscow was preparing a response to the decision by the US-led collective West to introduce a price cap on Russian oil and will never recognize the measure.