By March 2023, Russia will reach its pre-Covid crisis oil production level of 10.5 million barrels per day and by March 2023 could be producing a record 11.5 million bpd, Deputy Prime Minister Alexander Novak said.
The United States boosted LNG exports in the first half of 2021 against a background of increased new capacity.
Planting of forested areas should be considered a contribution to reducing carbon emissions world wide, Russia’s Ministry of Economic Development said.
Prices for Brent crude this week hit a new high of $75 a barrel.
World-wide energy consumption is certain to rise in the future and cannot be covered strictly by renewable sources, Russian Deputy Prime Minister Alexander Novak said
Gazprom has brought into service the first train of its Amur gas processing plant, one of the largest facilities in the world, with an annual processing capacity of 42 billion cu.m.
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