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Sinochem News News on August 10, Russian Deputy Minister of Energy Pavel Sorokin said that Russia’s output of crude oil and natural gas condensate in 2021 is expected to reach about 512 million tons, of which 220-230 million tons will be For export
.
Russia's oil and gas production mainly depends on changes in the OPEC+ agreement
In addition, Russian Energy Ministry officials also stated that Russia will maintain its share of the international crude oil market in the next 15 to 20 years
.
At the same time, European demand for Russian crude oil will decrease and Asia will increase