PJSC “RussNeft” continues to implement environmental activities in the “Ecology Year”. In H1 2017, the Company carried out nature protection activities in amount of over 200 million rubles.
Following the results of H1 2017, the capital investments of PJSC “RussNeft” into the fields infrastructure increased up to 4.7 billion rubles which is three-fold against the previous year figure, the company stated.
PJSC “RussNeft” will increase the annual oil production 2-3% if Russia decides to smoothly pull out of the OPEC oil production cut agreement, Mikhail Gutseriev, a co-owner of the company said.
RussNeft is planning to produce a million and a half tonnes of oil from Achimov deposits, reserves of which are categorised as hard-to-recover ones, the Company said to Rambler News Service.