Putin sees Russian oil output up 13.6 pct by 2015

Wed May 14, 2008 10:16am EDT
 
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UST LUGA, Russia, May 14 (Reuters) - Russia's Prime Minister Vladimir Putin said on Wednesday he expected Russian oil output to rise by 67 million tonnes (1.3 million bpd), or 13.6 percent, by 2015.

Russian oil output rose by 2.3 percent to 491.481 million tonnes in 2007 but has been declining since the beginning of the year as oil companies complain about heavy taxation of the industry. (Reporting by Denis Dyomkin, writing by Tanya Mosolova)

 

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