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Markets Print edition: 2022-12-27

Russia to increase oil exports by 7.5pc in 2022: TASS

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MOSCOW: Russia will increase oil exports by 7.5% to 242 million tonnes in 2022, TASS news agency cited Russian Deputy Prime Minister Alexander Novak as saying on Monday.

“According to preliminary data from the Energy Ministry, this year we will increase oil production by about 2% compared to 2021 to 535 million tonnes despite pressure on the industry.

Exports will increase by 7.5% to 242 million tonnes,” Novak said an interview.

Alexander Novak Oil oil exports Russian Deputy Prime Minister Alexander Novak

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Victoria Grant Dec 27, 2022 08:30am
"Russia will increase oil exports by 7.5% to 242 million tonnes in 2022". What are you talking about? 2022 is over in 5 days. Will Russia increase oil exports by 7.5% in the next 5 days? You need to monitor your tenses (past, present and future) and pay attention to detail. Did you mean 2023 instead of 2022? This is confusing.
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