Russian Oil Production to Peak Soon

According to Fitch’s Ratings Russian oil production will probably peak in the next few years as the gains from new oil fields are offset by falling output from brownfield sites. The ratings agency said Russia posted another post-Soviet oil production record in 2012, but added that significant new exploration, in particular on the Russian continental shelf, would be required over many years to increase output further.

2013.02.26 - Russian Oil Production to Peak Soon

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