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Russia's Rosneft says proven hydrocarbon reserves up 4pc

Published February 1, 2019 Updated February 1, 2019 12:39pm

As of Dec. 31, 2018, Rosneft's proven hydrocarbon reserves under SEC classification stood at 41.431 billion barrels of oil equivalent, or 5.597 billion tonnes of oil equivalent.

SEC proven reserves life is more than 20 years.

2018, reserves growth was due to successful exploration, the start of development of new field areas as well as improved development performance in traditional production regions.

Copyright Reuters, 2019