Oil output in Russia up 4.1% y-on-y in 2M07- ministry
Oil output in Russia grew 4.1% year-on-year in January and February of 2007 reaching 79.17 million tons (581.9 million bbl), the Industry and Energy Ministry said Friday, RIA Novosti reports.
Natural gas production levels in the first two months of the year remained virtually unchanged from the same period in 2006 totaling 115.69 million cubic meters.
Coal production within the same period increased by 2.9% against last year at 53.87 million tons.
Russia's crude exports to foreign countries and Baltic States in January-February increased by 4.1% totaling 34.84 million tons (256.07 million bbl), while only 5.03 million tons (36.97 million bbl) were exported to countries of the Commonwealth of the Independent States (CIS), a 19.2% decrease, mainly due to a reduction of crude supplies to Belarus.
Russian energy giant Gazprom's share in overall natural gas production comprised 83.8% against 84.5% in the first two months of 2006 as the company produced 97 billion cubic meters of gas, a 0.9% decrease against the last year.
