Russia's oil and gas condensate production edged down 0.3 percent in January-April 2008 compared to the same period a year earlier, barely topping 161m tonnes, the Federal State Statistics Service (Rosstat) reported today according to RBC. In contrast, oil and gas condensate output rose 3.6 percent to roughly 161m tonnes in the first four months of 2007 against January-April 2006.
According to the former Industry and Energy Ministry's data, oil and gas condensate production went up 2.1 percent to 490.83m tonnes in 2007 compared to 2006. Meanwhile, the ministry forecasts a 1.8-percent increase in oil production to 500m tonnes in 2008.