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Russia sees oil output slump 14% in worst case

Production may drop to 460m tonnes by 2020-2025 from 534m tonnes last year

Published Thu, Feb 18, 2016 · 09:50 PM

Moscow

RUSSIAN oil production may slump 14 per cent in the next five to 10 years under a worst-case scenario prepared by the Energy Ministry.

Crude output may drop to 460 million tonnes (9.2 million barrels a day) by 2020-2025 fro…

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