Vadim Yakovlev, the first vice president of Gazprom, said in an internal magazine Thursday that the company expects oil production to grow by 2% in 2019, Reuters reported in Moscow.
| gamma polyglutamic acid agriculture grade |
Yakovlev said that this forecast means that global oil production will decrease in the first half of this year.
He added that even if OPEC and non-OPEC countries decided to extend the production reduction agreement in the second half of this year, the Russian Natural Gas Industry Corporation would still increase production this year.
| Gamma Polyglutamic Acid |