Russia's Tatneft Plans To Produce 29.2-30.4Mln Tonnes Of Oil In 2020

Russia's Tatneft Plans to Produce 29.2-30.4Mln Tonnes of Oil in 2020

Russian energy company Tatneft plans to produce from 29.2 million tonnes to 30.4 million tonnes of oil in 2020, depending on limitations outlined in the OPEC+ oil production cuts deal, the company said on Thursday

MOSCOW (Pakistan Point News / Sputnik - 24th October, 2019) Russian energy company Tatneft plans to produce from 29.2 million tonnes to 30.4 million tonnes of oil in 2020, depending on limitations outlined in the OPEC+ oil production cuts deal, the company said on Thursday.

"There are two possible options regarding plans for oil production, which depends on possible limitations under the OPEC+ deal: 29.2 million tonnes and 30.4 million tonnes respectively, including over 3.2 million tonnes of superviscous oil," Tatneft said in a statement, released after a meeting of its board of directors.