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

Share FacebookTwitterWhatsAppPinterestLinkedinCopy URLTelegramEmailTumblrReddItPrintKoo MOSCOW, Jan 11: The preliminary increase in commercial, or production-ready, oil reserves in 2025 was 490 million tonnes, while gas reserves will increase by 650 billion cubic meters, Oleg Kazanov, the head of Russia’s Federal Agency for Mineral Resources (Rosnedra), told Sputnik. “It’s worth noting that some sites are still undergoing assessment, but according to preliminary data, we have seen an increase in oil reserves of approximately 666 million tonnes, of which 490 million tonnes are ABC1 commercial reserves, meaning they are ready for production. Gas reserves are 679 billion cubic meters, of which 650 billion cubic meters are commercial reserves,” he said.