It will be possible to restore production to this level, because the companies selected the parameters for reducing production so that it would be possible to resume it, the deputy minister explained.
At the same time, the deterioration in the quality of the resource base will make it more problematic to maintain the production shelf without creating new incentives for investing in hard-to-recover reserves with high development costs, Sorokin emphasized.
“Our task is to maximize the potential of our oil and gas industry for the benefit of the country.
This means investment and tax revenues, ”he said in an interview with Rossiyskaya Gazeta.
According to the Deputy Minister, a balance is needed between two components - increasing investments in the industry and budgetary needs, so that they are realized to the maximum extent.
As the head of the Russian Ministry of Energy Alexander Novak said earlier, the department expects that "by the end of the year there will be lower indicators in terms of oil and gas production, electricity generation, coal production."
In early June, Alexander Frolov, Deputy Director of the Institute of National Energy, assessed the situation with oil prices in an interview with the Economics Segodnya FBA.