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2006 December 22   06:04

Russian oil output up 2.1% in 11M06 - Energy Ministry

Production of oil with gas condensate increased 2.1% in the first 11 months of 2006, year-on-year, to 438.7 million metric tons (9.64 million bbl/d), the Energy Ministry said Thursday, RIA Novosti reports.

Daily oil output grew from 1.23 million tons (9.04 million bbl) in October to 1.33 million tons (9.78 million bbl) in November.

LUKoil, Rosneft, TNK-BP, Surgutneftegaz and Gazprom Neft were leading oil producers in Russia in January-November 2006, the ministry said.

The current world price of Russia's Urals crude is $57.46 per barrel.

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