Rosneft’s hydrocarbons production reached 5.8 million barrels of oil equivalent per day in 2019, CEO Igor Sechin said Tuesday during a meeting with Russian President Vladimir Putin. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “Production volumes in 2019 were on the same level as the previous year; that is 285.5 million mt of hydrocarbons,” Sechin said, according to a transcript of the meeting posted on the Kremlin website. “Despite the worsening external environment, and a certain decrease in oil prices, around 7%, production results remained positive,” Sechin said. Russia’s participation in the OPEC+ crude production agreement limited Rosneft’s output in 2019. “We complied with OPEC+ restrictions, and this led to some restriction of production. But this also affected prices on the market,” Sechin […]