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Daily oil production in Russia increased by 1.9% in February

In February 2017 average daily oil production in Russia increased in annual terms by 1.9%, which represents 11.109 million barrels a day.

The Ministry of Finance took a pause in the discussion of the tax maneuver in the oil industry

Ministry of Finance planned to the end of winter, in February, to direct the oil companies tax reform project of the oil industry in its final form, but participants did not receive paper market, the newspaper "Izvestia".

OPEC Secretary General: On the extension of the agreement to reduce oil production

Speak to extend the agreement on the reduction of production between OPEC and other countries is still too early, it is necessary to consider the current results. This was announced by the OPEC secretary general Mohammed Barkindo.



Abites Limited Liability Company have a regular need for storage capacity in Russia, but equally in the outlying USSR Member states as we own and operate a fuel tank terminal in port of Primorsk. In order to store additional stocks or to replace storage contracts that come to an end, Abites regularly seeks for additional storage capacity for middle distillates and crude oil for. This in storage facilities that meet certain criteria and are located in sea ports or along waterways in Russia Federation and the outlying USSR countries.

Are you interested to offer storage capacity to Abites Limited Liability Company? Send in your candidacy and receive our calls for tenders for storage capacity.