ST PETERSBURG, Russia (Reuters) - Oil producers in the United States could add up to 1.5 million barrels per day to world oil output next year, erasing any gains from a global oil output cut deal, Igor Sechin, the CEO of Russia's largest oil producer Rosneft, said on Friday.
Sechin said the resilience of Russia's oil industry had however been seriously underestimated by the market. He said Russia could further increase its oil production to meet rising demand in future.
(Reporting by Dmitry Zhdannikov and Olesya Astakhova; Writing by Dmitry Solovyov; Editing by Andrew Osborn)
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Igor Ivanovich Sechin is the former Deputy Prime Minister of Russia. Currently, Dr. Sechin is Chairman at St. Petersburg International Mercantile Exchange ZAO, Chairman at Inter RAO UES PJSC, Chairman for National Oil Consortium LLC, Chairman-Supervisory Board for Professional hockey club CSKA, Chairman of United R&D Center, Deputy Chairman, President & CEO at Rosneft Oil Co., President of Rosneft-Sakhalinmorneftegaz JSC (a subsidiary of Rosneft Oil Co.) and Chairman for Rosneftegaz JSC. Igor Ivanovich Sechin is also on the board of TNK-BP Ltd. In the past he was Chairman at Rosneft Oil Co. Chairman at RN Management and President of RN Holding OJSC (both are subsidiaries of Rosneft Oil Co.), Chairman at Inter RAO UES PJSC, Chairman at RN-TSIR, Chairman of The United Shipbuilding Corp. and Chairman of Far Eastern Shipbuilding & Shiprepairing Center JSC. Dr. Sechin received a doctorate from Pushkin Leningrad State University.
View full profile| Linked companies | |
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Rosneft-Sakhalinmorneftegaz JSC
 Rosneft-Sakhalinmorneftegaz JSC Oil & Gas ProductionEnergy Minerals Rosneft-Sakhalinmorneftegaz JSC engages in the prospecting and exploration of hydrocarbon deposits and oil. The company is headquartered in Yuzhno-Sakhalinsk, Russia. | President |
| ROSNEFT OIL | Chief Executive Officer |
