WASHINGTON, December 7 (RIA Novosti) – Energy Minister Alexander Novak said Saturday that Russia will pump more than 520 million tonnes of crude oil in 2013, a post-Soviet record.
Already the world’s biggest producer, Russia has boosted oil production this year on the back of high prices.
“This year we expect oil [output] to be about 520 million tonnes, despite setting a goal of pumping between 505 to 510 million tonnes,” Novak told reporters during a trip to the United States for meetings with his US counterpart.
In 2012 Russia produced 518 million tonnes of oil, up from 511.4 million tonnes in 2011.
The world’s richest countries by oil and gas reserves