Russian state-controlled oil producer Rosneft’s long-awaited development strategy to 2030 contains no obvious adjustments to reflect declining oil prices and international sanctions. Rosneft - which produced 4.2mn b/d last year - plans to maintain oil and gas output over the next few years by efficient management of existing fields and by bringing on stream reserves in west Siberia, Russia’s far east and the Volga-Urals region. And it aims to launch projects in east Siberia.
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