Russia March Oil Output 9.805M B/D, Up 0.1% On Month

Russia March Oil Output 9.805M B/D, Up 0.1% On Month
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Τετ, 2 Απριλίου 2008 - 03:05
Russia produced an average of 9.805 million barrels a day of crude oil and condensate in March, the news agency Interfax reported Wednesday, citing Ministry of Industry and Energy statistics.
Russia produced an average of 9.805 million barrels a day of crude oil and condensate in March, the news agency Interfax reported Wednesday, citing Ministry of Industry and Energy statistics.

That is up 0.1% on the month. In year-on-year terms, output was down 0.6%, returning to the negative year-on-year trend last seen in January.

Interfax cited data from the TsDU-TEK department of the Industry and Energy Ministry as saying that the country produced 121.389 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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