Russia's crude exports down 5.1% in H1 to 111.91 million tonnes

Exports of crude oil from Russia in the first half of 2014 decreased by 5.98 million tonnes or 5.1% on 1H2013 figures to 111.91 million tonnes, the Ministry of Energy statistics said.

In June Russia saw a 5.2% decline in crude oil exports (-970,200 tonnes) to 17.69 million tonnes.

Oil and gas condensate production in June 2014 edged up by 0.2% (+77,200 tonnes) to 43.16 million tonnes.