Russia's Gazprom Neft May Bring Hydrocarbon Production To Over 100 Mln Tonnes In 2020

(@FahadShabbir)

Russia's Gazprom Neft May Bring Hydrocarbon Production to Over 100 Mln Tonnes in 2020

Russia's Gazprom Neft may boost its hydrocarbon production to over 100 million tonnes in 2020 if the OPEC+ production cuts deal is not extended, the company's head, Alexander Dyukov, said on Thursday

MOSCOW (UrduPoint News / Sputnik - 16th January, 2020) Russia's Gazprom Neft may boost its hydrocarbon production to over 100 million tonnes in 2020 if the OPEC+ production cuts deal is not extended, the company's head, Alexander Dyukov, said on Thursday.

"I can say for sure we will increase [hydrocarbon] production. The scale will depend on the decision made ... on whether the OPEC+ deal is extended, and on what conditions ... If there is no extension, we will produce over 100 million [tonnes]," Dyukov told reporters on the sidelines of the Gaidar Forum in Moscow.

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