VLADIVOSTOK, September 3. /TASS/. Russia’s oil production will fall modestly by the end of 2026, while exports remain stable, Deputy Prime Minister Alexander Novak told reporters on the sidelines of the Eastern Economic Forum (EEF).
He noted that Russia has the capacity to repair 100% of its refineries. The country is stepping up fuel imports to saturate the domestic market, drawing supplies from both neighboring countries and nations further abroad.
TASS has compiled the Deputy Prime Minister's key statements.
Situation on fuel market
The fuel supply situation on the Russian market has improved, with authorities noting positive changes this week: "We are constantly monitoring the regions and holding regular coordination meetings with local authorities," Novak said.
