Russia Feb Oil Output 9.796 Million B/D, +0.2% On Mo

Russia Feb Oil Output 9.796 Million B/D, +0.2% On Mo
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Δευ, 3 Μαρτίου 2008 - 03:06
Russia produced an average of 9.8 million barrels a day of crude oil and condensate in February, the news agency Interfax reported Monday, citing Ministry of Industry and Energy statistics.
Russia produced an average of 9.8 million barrels a day of crude oil and condensate in February, the news agency Interfax reported Monday, citing Ministry of Industry and Energy statistics.

That is up 0.2% on the month. In year-on-year terms, output was up 2.9%, reversing the negative year-on-year trend in January.

Interfax cited data from the TsDU-TEK department of the Industry and Energy Ministry as saying that the country produced 38.575 million metric tons of oil in the month.

Russia's overall oil output in 2007 totaled 491.48 million tons, averaging 9.87 barrels a day. That was up 2.3% on the previous year's figure.

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