“Despite the unprecedented sanctions pressure, the situation in the Russian fuel and energy complex remains quite stable.
Moreover, there is even growth in a number of key indicators,” he said at a meeting with members of the government.
Putin stressed that the level of oil production with gas condensate in June this year reached 10.7 million barrels per day, which is 500 thousand barrels higher than in May.
“In general, since the beginning of the year, the level of oil production has exceeded the previous year by 3.5%,” the president added.
Putin also said that Russian companies should be prepared for an oil embargo by the European Union.