Home Business Oil output seen halved at Sakhalin-1 in 2022 -RIA cites regional governor

Oil output seen halved at Sakhalin-1 in 2022 -RIA cites regional governor

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Oil production of 4.2 million tonnes this year is expected at the Sakhalin-1 oil and gas project in Russia’s Far East, down from a planned 8.9 million, the RIA state news agency said on Wednesday, citing regional governor Valery Limarenko.

“There is a decline expected also in gas (production) due to the fact that the company suspended its production from Sept.16, 2022,” Limarenko said. (Reporting in Melbourne by Lidia Kelly; Editing by Clarence Fernandez)



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