Oil production in Russia amounted to 512 million tonnes last year, Russian Deputy Prime Minister Alexander Novak said in a column for the journal Energy Policy.

Oil production amounted to 516 million tonnes in 2024, meaning that in 2025 the decline in the indicator (which includes condensate production) was 0.77%.

“The share of supplies to friendly countries in 2025 exceeded 90%. About 80% of oil supplies are directed to Asia. In 2021 this share was half as much and stood at 40%,” Novak said.

He also noted the development of the petrochemical sector. “Last year, new pyrolysis units were successfully launched at Nizhnekamskneftekhim (a capacity of 600,000 tonnes of ethylene) and Irkutsk Polymer Plant (a capacity of 660,000 tonnes of ethylene). Total investment in petrochemicals by 2030 will amount to 3 trillion to 4 trillion rubles,” he said.

By 2030 the total investment in petrochemicals will amount to 3 trillion to 4 trillion rubles, and by 2035 the production of large-tonnage polymers (in case of realization of the declared investment projects) will exceed 14 million tonnes.

“A strategic task is the creation of domestic drilling and enhanced oil recovery technologies, the development of Russian oilfield service companies, and stimulation of hard-to-recover oil reserves production. The national project New Atomic and Energy Technologies provides for the development of equipment for all segments of the oil and gas industry,” he said.

In geological exploration, serial production of a mobile marine seismic survey complex, a seismic vibratory source for conducting geological exploration work on land, as well as a prototype of GeoAudit technology has been established, he said. Based on the results of completed tests, a decision will be made on launching serial production of four types of additional specialized equipment for geological exploration.

“In drilling and production, one can note domestic equipment for multilateral well injection with the possibility of multi-stage hydraulic fracturing, which has already successfully passed tests and is preparing for serial production, as well as Russian-made wellbore tractors, already used in the projects of vertically integrated oil companies,” Novak said.

In the oil refining segment, a tool for hydro-abrasive coke cutting has been developed and successfully tested. This is a key element of the delayed coking unit’s hydro-cutting system, which in the future allows for maximizing the depth of oil refining to 100%.
Source: Interfax