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2008 December 15   11:54

Russia's oil output down 0.6% to 2.9 bln barrels in Jan-Oct

Russia's oil production declined 0.6%, year-on-year, in January-October to 406.4 million metric tons (2.9 billion barrels), the country's top statistics body said on Monday according to RIA Novosti.

Refining on the domestic market increased 4.2% in the reporting period to 196.8 million metric tons (1.4 billion barrels), the State Statistics Service said.

Crude exports declined 6.4% in January-October 2008, year-on-year, to 202.2 million metric tons (1.5 billion barrels), the State Statistics Service said.

Oil exports accounted for 35.5% of Russia's total exports in January-October 2008, up 0.9% compared with the same period last year, the State Statistics Service said.

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