Russia increases oil production by 0,7%

Business & Economy September 02, 2014, 10:31

Russia’s gas output fell 2.8% to 117.6 billion cubic meters in January-August, according to a report published by CDU-TEK, an agency that provides data and analysis to the Energy Ministry

MOSCOW, September 02./ITAR-TASS/. Oil production in Russia increased by 2,346 million tonnes (0.7%) in the past eight month as compared to last year’s same period to 349.4 million tonnes, while its export declined, a report of the fuel and energy sector said.

Russia produced 44,471 million tonnes in August.

Its oil export decreased by 7,647 million tonnes to 148.4 million tonnes in the past eight month.

Oil refinery rose by 10.2 million tonnes to 192.1 million tonnes over the period.

Russia’s gas output fell 2.8% to 117.6 billion cubic meters in January-August, according to a report published by CDU-TEK, an agency that provides data and analysis to the Energy Ministry, on Tuesday.

Of the total, gas output by Gazprom fell by 18.9 billion cubic meters to 287.7 billion cubic meters in the period, while gas output by Novatek increased 3.5 billion cubic meters to 41.686 billion cubic meters.

Gas exports rose 0.7% to 128.5 billion cubic meters in January-August. Gas exports to non-CIS countries edged up 1% to 88.989 billion cubic meters, while gas exports to CIS countries fell by 380.43 million cubic meters to 29.887 billion cubic meters.

Exports of liquefied natural gas (LNG) increased 0.2% to 9.617 billion cubic meters in January-August.

Russia’s coal output fell 1.6% to 223.976 million tonnes in January-August, according to a report published by CDU-TEK, an agency that provides data and analysis to the Energy Ministry, on Tuesday.

In August, coal output increased 3% to 28.18 million tonnes.

Coal exports rose 9.7% to 102.592 million tonnes in January-August, and rose 3.8% to 12.731 million tonnes in August.

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