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2007 September 21   14:43

Russia posts oil production figures

Russia's oil and gas condensate production edged up 2.6 percent to 326.62m tonnes in January-August 2007 compared to the same period a year earlier, the press office of the Russian Energy Ministry reported today according to RBC. The average output stood at 1.351m tonnes per day in August 2007 against 1.346m tonnes per day a month earlier.

Oil exports to non-CIS and Baltic countries increased 2.6 percent to 146.04m tonnes in the first eight months of 2007 compared to a year earlier, while exports to the CIS slid 1 percent to 25.54m tonnes.

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