Russian Deputy Prime Minister Alexander Novak said risks of reducing oil production in Russia in 2023 remain. TASS.
He noted that the government will soon assess these risks.
“Yes, there are risks. But we will evaluate them soon”, he replied to the related question.
1 February International Energy Agency (IEA) President Fatih Birol acceptedIn 2023, Russia will reduce oil production by 1 million barrels per day. According to his prediction, this will happen due to the strengthening of Western sanctions against the country’s energy sector. Birol noted that lowering this indicator in Russia may cause fluctuations in the global energy market.
On February 9, Kommersant newspaper cited, WroteIn the first week of February, oil production in Russia increased by 0.7% compared to the average of the first month of this year.