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ISNA: Russian energy minister said oil prices until the end of the year, resulting in lower investment and therefore reduce the supply of oil is likely to be 65 to 70 dollars per barrel. According to Reuters, Alexander Novak said due to the devaluation of the ruble, the price of oil is about $ 60 for the Russian economy is good, but the price 70 to $ 80 would be fairer. He said Russia will consult with the Petroleum Exporting Countries (OPEC) will continue. Russia in June with the OPEC meeting in Vienna to discuss the impact of shale oil production will negotiate on the world market. Novak said Russia plans this year, 31 million tons of oil to China, which was increased to 2014 million tonnes. Lukoil bathroom shelves has predicted that oil production in Russia by the end of next year due to the fall in oil prices forced the oil companies to reduce their excavations in Siberia eight percent decline. While such a scenario Bdbyanhay rejected Nowak said Russian oil production level of 525 to 257 million tonnes per year (10.5 to 10.54 million barrels per day) will remain. He added that despite the drop in oil prices and some other problems occur, we do not expect any reduction in produced. Russia expects that by 2035 AD 505 to 525 million tons of oil a year. He said the fall in world oil prices due to the fact that the cost of oil companies in the ruble is the currency and the currency is declining. He also said that Russian oil companies 10 to 15 percent will reduce their investment bathroom shelves programs and wait for better conditions for the recovery of oil prices. Novak said more than a trillion dollars in global oil investment will be delayed due to a decrease in oil prices. Russian energy minister said the country's oil exports are expected to rise further this year and thereafter. Alexander Novak said Russia is the world's largest oil producers, bathroom shelves despite some expectations that Russian oil production decreased due to lower oil prices, the country's crude oil production at 10 million barrels per day will continue. Russia has cut its crude oil exports. Instead, the bulk of oil production has shifted bathroom shelves to domestic bathroom shelves refineries. Action to better profit from the sale of crude oil to the current low market prices for Russia to have. Novak said the Russian crude oil exports in 2015 are expected to increase by three million tons and 224 million tons in 2014 to end of 2035 to 280 million tons per year. Since 2000, the Refinery bathroom shelves in Russia increased by more than 45 percent in 2014 to 294 million tons per year. This figure is the maximum amount is reached in mid-1980 when the Soviet Red Army to fight in Afghanistan is comparable to the fuel needed. Under the modernization program, Russian refineries to produce low-quality products such as fuel oil and produce high-quality products such as diesel fuel and gasoline with lower amounts will be on. Novak said the strategy bathroom shelves involves bathroom shelves reducing the refinery. This is due to the increased production of light products are backed by modernization. He predicted that oil production in Russia in 2015 to 291 million tons to 280 million tons in 2035 to deteriorate. Energy consulting company "Shame," which gives advice to the Russian Energy Ministry announced that Russia expects to produce diesel fuel from Russia in 2013, 26 percent of domestic oil product portfolio in 2020 to 33 percent. Despite the West's sanctions against Moscow, Russian oil production growth and increase product quality refined products has continued. According to the Russian Energy Ministry bathroom shelves expects bathroom shelves 19 new units in 2015 in Russia to operate their refineries in comparison to the last year of eight units. Novak said there was no need for new refineries bathroom shelves but the old units will be closed. He added that the station would be useless because competition out. Oil company Lukoil, Russia's second-largest oil producer in the country, has announced plans to shut down refineries in Ukhta.
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