Russia may increase oil production, if needed, Putin said

© RIA Novosti / Alexei Druginderal in Photobacterium of the Russian Federation Vladimir Putin at the international forum Russian power generation week. 3 Oct 2018Russia may increase oil production, if needed, Putin said© RIA Novosti / Alexei Druginderal the image Bank

Russia may increase oil production by 200-300 thousand barrels per day, if need be, said Russian President Vladimir Putin.

«We have already increased 400 thousand barrels per day, as agreed with partners. If necessary, we can build another 200-300 thousand barrels per day,» — said Putin, speaking at the plenary session of the Russian energy week.

Russian energy week (REN) takes place in Moscow from 3 to 6 October. MIA «Russia today» is an information partner of the event.