Russia generated USD12 billion from oil exports in January

According to the Federal Customs Service, in January 2008 oil exports from Russia turned out to be 9.69% smaller than in January 2007 and totaled 19,015.3 thousand tons of oil.
In the monetary terms oil exports in the reporting period grew 1.7 times to USD11,956.5 million. Oil exports to non-CIS countries totaled 17,838.7 thousand tons, to CIS countries - 1,176.6 thousand tons. In January 2008, Russia exported 18.7 billion cu. m of natural gas, a 33.95% growth on January 2007. Revenues from gas exports grew by 39.95% to USD5,861.6 million, FIS reports according to RZD-Partner.