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Economy

Russia adds almost 500 million tonnes in commercial oil reserves in 2025

Russia is projected to increase its commercial oil reserves by 490 million tonnes and gas reserves by 650 billion cubic meters in 2025, according to Oleg Kazanov of the Federal Agency for Mineral Resources. The total increase in oil reserves may reach approximately 666 million tonnes, with 490 million tonnes classified as ready for production. Meanwhile, Russian oil production is expected to remain stable at about 516 million tonnes in 2025.

Central India's Premier English Daily

Central India's Premier English Daily

Credit: Centralchronicle

Key Highlights

  • Increase of 490 million tonnes in commercial oil reserves expected in 2025.
  • Gas reserves are anticipated to rise by 650 billion cubic meters.
  • Total oil reserves may increase by approximately 666 million tonnes.
  • 490 million tonnes are classified as ABC1 commercial reserves, ready for production.
  • Russian oil production forecast to remain at 516 million tonnes in 2025.
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Sources

  1. Russia adds almost 500 million tonnes in commercial oil reserves in 2025

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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