MOSCOW- Russian firm Gazprom plans on a production of an equivalent of over 12 million tonnes of oil from its Western Siberian Achimov formation this year. The plan is to also increase its output to a minimum of 14 million tonnes by 2020, said a company official on Monday.
Gazprom Exploration and resource Neft’s department in-charge, Yury Masalkin also told the inhouse magazine that the output could double by 2025.
(Photos syndicated via Reuters)
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