From: nobody@microsoft.com   
      
   Russia's crude oil output could surpass 12 million bpd by 2035   
      
   https://www.rt.com/business/476181-russia-oil-output-growth/   
      
   18 Dec, 2019 11:54 / Updated 23 hours ago   
      
   Excerpt:   
      
   Oil platforms operated by Lukoil at the Korchagina oil field in Caspian Sea   
   © Reuters / Maxim Shemetov   
      
   Russia's crude oil and condensate production could rise to more than 12   
   million bpd by 2035, if global demand for liquid hydrocarbons continues to   
   grow, Russia's second-largest oil producer, Lukoil, said in a new forecast.   
      
   In the report 'Major Trends in the Global Liquid Hydrocarbon Market to 2035,'   
   Lukoil has modeled three different scenarios for Russia's opportunities and   
   challenges in oil production in the long term.   
      
   The 'Equal Opportunities' scenario considers that global oil and gas demand   
   will rise and Russia can maintain an annual production level of above 600   
   million tons-or over 12 million bpd-for a long time, Lukoil said.   
      
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