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The most interesting thing is that putin anncounces that russian oil production will be up by 13 % in 2015 while everybody believes russia is in decline. I followed russian politics for the last seven years, and putin is a really calculating person who doesn't follow any illusions. he is extremly well informed, and he never says anything without a solid foundation. sechin announced that production will be up this year, too. LUKOIL executives say production wil be down, but perhaps they will change their mind because of the today announced tax breaks for new fields in yamal and eastern siberia. Well, Putin foresaw that the future would be about energy at times where oil was really cheap. Well i really don't know what to believe, but putin seems to know more about energy than any other western politician...
Have you got links?
thanks!
The Putin stories are coming out piecemeal and a bit disjointed. I'm wondering if he's saying the increase will come if the tax cut he wants happens.
Don't forget that Putin, unlike Yeltsin before him, is old-school Soviet, and would no doubt like a return to the USSR.
Hence, it is possible that he is making an oblique reference to increasing production by increasing the area called "Russia"
Or, to put it another way, annexation of Kazakhstan and Azerbaijan would boost the (expanded) Russian production by the amount Putin quotes.
AKH