The Ministry of environment believes that oil production in the Russian Federation in connection with the introduction of sectoral punishment in the medium term to fall will not.

" very quick to fall prey does not start. We are concerned that the planning horizon of 10-15 years. Currently, all more or less than normal. The current level of production resources we have provided, " he told reporters, Deputy Minister of natural resources Denis Khramov, answering the relevant question.

By energy Minister Alexander Novak above also stated that it did not expect significant changes in the oil and gas industry of the Russian Federation due punishment, and among them, do not change plans for oil production. The forecast for the production of oil and gas condensate for 2014 remains at the level of 525 million tons, which is presumably 0, 7% higher than in 2013, in 2015-2016 plan is 525 million in 2017, 526 million tons.

the head of the Union of oil and gas Gennady Shmal in mid-September said that the punishment of the West regarding Russian oil industry will not significantly affect the volume of oil, but limits the chances of getting a payment for the oil companies have the opportunity to influence this indicator in two or three years.


The US and EU do not recognize the annexation of Crimea to Russia and accuse Moscow of interfering in Ukraine. Russia denies it and calls the accusations are unacceptable. Western countries since March has repeatedly imposed punishment on a number of Russian politicians, businessmen and organizations and threatened to make wider restrictive measures. The last case of the use of such practices began in September punishment.

A complete list of Russian Citizens and organizations who are under punishment, -

sections: Politics