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)

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