Sechin estimates investments for oil output growth in Russia at $136.15 bln
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Igor Sechin estimated that investments of $136.15 billion will be needed for Russia to grow its oil output. He noted a 15% production cut during OPEC+ restrictions equating to 1.5 million barrels per day.
Russia reduced oil production by 1.5 mln barrels per day, or 15%, during the period of OPEC+ restrictions, Executive Secretary of the presidential commission on fuel and energy sector development strategy and environmental security and Rosneft CEO said
World Markets Deals Commodities Energy oil production investment OPEC+ Igor Sechin Russia energy markets