Russia's Surgutneftegaz Uses Oil Price Of $35-$50 A Barrel For 2016 Plans

Reuters

ST PETERSBURG, Russia, June 9 (Reuters) - Russian oil producer Surgutneftegaz uses an oil price of $35-$50 per barrel for its 2016 plans, Nikolai Kiselyov, the company's deputy director told reporters on Thursday.

He also said Surgutneftegaz was keeping its oil output forecast unchanged at 61.5 million tons (1.23 million barrels per day) for this year, flat compared to 2015.

Surgut's oil refining output is seen at 18.5 million tons, also unchanged from 2015.

(Reporting by Olesya Astakhova; Writing by Vladimir Soldatkin; Editing by Alexander Winning)

Copyright 2016 Thomson Reuters. Click for Restrictions.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

From the Career Center
Jobs that may interest you
Senior Project Manager
Expertise: Project Management
Location: Kennesaw, GA
 
US Houston: Division Finance & Accounting Manager
Expertise: Accounting|Financial Analyst
Location: Houston, TX
 
Director Product Mgt
Expertise: Project Management
Location: San Diego
 
search for more jobs

Brent Crude Oil : $54.46/BBL 0.96%
Light Crude Oil : $51.68/BBL 1.21%
Natural Gas : $3.44/MMBtu 1.99%
Updated in last 24 hours