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Friday, June 17, 2005

Oil and gas production up in Russia

MOSCOW, June 17 (RIA Novosti) - Oil and gas condensate production grew by 3.2% in Russia in the first five months of the year to 191 million tons as compared to the same period of 2004, the Federal State Statistics Service said.The production of gas increased by 1.2% to 277 billion cubic meters and coal by 2.9% to 121 million tons.Russia produced over 39.9 billion tons of iron ore during that period, 1.6% up on the same period of last year.The production of petrol increased by 5.3% reaching 12.7 million tons, the volume of diesel fuel went up by 6% up to 23.9 million tons and fuel oil by 4.6% to 23.2 million tons.Electric power generation grew by 1.8% to 415 billion kW/hr and heat power by 2.8% up to 765 million Gcal.During the six months of this year, the volume of industrial production grew by 3.6% as against the same period of last year.In May 2005, industrial production growth amounted to 1.4% against the same period in 2004, or 6.4% lower than in April this year.

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