Gulf Oil and Gas accountACCOUNT

Russia Oil Supply in December 2013

Source: OPEC 1/8/2014, Location: Asia

Russia’s oil supply is anticipated to increase by 0.13 mb/d in 2013 to average 10.50 mb/d, an upward revision of 25 tb/d from the previous MOMR. Production reached a record of 10.59 mb/d in November as per preliminary data, representing an upward revision by 100 tb/d in the fourth quarter. The revision affected the fourth quarter, with current production data for October and November indicating higher-thanexpected output. During the first 11 months of 2013, Russia’s supply has increased by 0.13 mb/d from the same period a year earlier. The healthy price level supported operators in maintaining and ramping up output in mature producing areas, in addition to the new volumes coming from green fields. On a quarterly basis, Russian supply in 2013 is expected to average 10.45 mb/d, 10.47 mb/d, 10.49 mb/d and 10.58 mb/d, respectively. Russia’s production is expected to average 10.58 mb/d in the fourth quarter, an increase of 90 tb/d from the third quarter.

Oil News in Russia >>

Azerbaijan >>  4/16/2019 - Turan Drilling & Engineering Company LLC (A KCA Deutag and SOCAR AQS Company) has been awarded its first contract, which is with BP Exploration (Caspi...
Russia >>  4/10/2019 - Zvezda Shipbuilding Complex and Sovkomflot PJSC have signed a contract to make a pilot gas carrier vessel for the Arctic LNG 2 project. The contract s...

India >>  4/8/2019 - Axens’ Technologies for HPCL Rajasthan Refinery in HPCL Rajasthan Refinery Limited (HRRL), a joint venture company between HPCL and the Government of ...
China >>  4/5/2019 - Woodside has signed a Heads of Agreement (HOA) with ENN Group for the sale of 1.0 million tonnes of LNG per annum from Woodside’s portfolio for a per...

Russia >>  4/2/2019 - During the 19th International Conference & Exhibition on Liquefied Natural Gas (LNG2019) in Shanghai, Novatek Gas & Power Asia, a trading subsidiary o...
Indonesia >>  3/25/2019 - TechnipFMC has been awarded a large(1) integrated Engineering, Procurement, Construction, Transportation and Installation (iEPCI) contract by Eni for ...

Related Categories: Coal  Electricity  General  Natural Gas  Oil 

Related Articles: Coal  Electricity  General  Natural Gas  Oil 


Russia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.