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In September 2026, the Russian government reduced its oil and gas condensate production forecast to 494.2 million tonnes, the lowest level in 17 years. This decrease of 17.2 million tonnes compared to previous estimates released in May.
From the beginning to today
The Russian government has reduced its oil production forecast for 2026 to 494.2 million tons, the lowest level in 17 years. This reduction of 17.2 million tons compared to previous estimates is linked to the impact of the war with Ukraine. The forecast is set to be approved at the end of September.
Росія знову знизила прогноз видобутку нафти
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