Deputy head of Russian Ministry of energy Anton Inyutsyn said specific details of the cost of oil production in Russia.

According to him, in General, the cost of production of a barrel of oil carries the oil companies ' costs of $ 3 to $ 8.

He highlighted the fact that the depth of processing on average is between 70 to 80% and on some plants almost 100%. For these reasons , that is due to the low cost and high degree of processing, oil industry, Russia is one of the most competitive in the world oil market.

Last year's statistics confirm that Russia supplies to the world market 20% natural gas and 12% oil. Earlier it was announced information about what oil production will be profitable even with the price of oil 20 dollars per barrel.
sections: Economics