| Russia’s largest oil company said the nation is capable of a substantial increase in production, less than two weeks after President Vladimir Putin pledged his support for international efforts to limit output.
“In the future, Russia can significantly increase oil production,” Rosneft PJSC Chief Executive Officer Igor Sechin said Thursday. The country has capacity to add as much as 200 million metric tons a year, or 4 million barrels a day, if there’s demand and technological and economic conditions allow, he said...........................................Full Article: Source
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