December 27, 2019 / 3:44 PM / a month ago

Russian oil output seen at 11.12 to 11.32 million bpd in 2020: minister

FILE PHOTO: Russian Energy Minister Alexander Novak arrives at the OPEC headquarters in Vienna, Austria December 6, 2019

MOSCOW (Reuters) - Oil production in Russia, which is part of a pact to curb global oil output, is expected to be between 555 million tonnes and 565 million tons in 2020, Russian energy minister Alexander Novak said.

That’s equivalent to 11.12-11.32 million barrels per day (bpd) using a conversion rate of 7.33 barrels per ton of oil.

Reporting by Vladimir Soldatkin and Olesya Astakhova; Writing by Katya Golubkova; Editing by David Clarke

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