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Russia’s oil production up by over one percent in 2012

January 06, 2013, 19:54 UTC+3
Oil refining increased by 3.6 percent to reach 265.651 million tons
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Photo EPA/ITAR-TASS

Photo EPA/ITAR-TASS

MOSCOW, January 6 (Itar-Tass) —— Russia’s overall oil production in 2012 went up by 1.3 percent on 2011 to reach 518.017 million tons, according to a release issued by the central administration of the fuel and energy complex.

In 2012, the amount of crude oil supplied for refining increased by 3.5 percent to amount 266.159 million tons. Oil refining increased by 3.6 percent to reach 265.651 million tons.

Meanwhile, Russian oil exports went down by one percent in 2012 and stood at 239.644 million tons. As many as 211.477 million tons were exported to countries outside the Commonwealth of Independent States (CIS), and 28.166 million tons – to CIS countries.

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