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2009 November 24   12:17

Overall RF oil export volume up by 1.4%, Jan.-Oct. 2009

As per the updated information provided by the Ministry of Energy, overall oil export volume increased by 1.4% (205.3 mln tons) in January-October, 2009 against the corresponding 2008 period figure including oil exported in October – to 21  mln tons (+2.9%). At the same time, the RF Ministry of Economic development provided the monitoring data under which 175.1 mln tons of oil (+2.7% against January-October , 2008 года) was exported outside the Commonwealth of Independent States, including oil exported via Transneft AK OJSC system  - 151.3 mln tons (- 1.8%).

44.6%-increase of oil exported via other systems was registered within the reporting period. Sakhalin oil delivery volumes growth was one of the increase reasons, stated the document.

In January-October, 2009 oil export volume into the countries of the Commonwealth of Independent States decreased by 5.8% (to 30.15 mln tons) as compared to the corresponding period of 2008. The reduction took place due to decrease of export into the Republic of Kazakhstan.

Oil export contract prices decreased from $732.6 per a ton in January-September, 2008 to $375.2 in the corresponding period of 2009. There is a tendency of oil export contract prices growth starting from January current year from $291.7 to $475.6 per a ton in September, 2009.

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