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Tuesday, August 02, 2005

Russian oil production in 2005 up 2.8%

MOSCOW, August 2 (RIA Novosti) - Russian oil production in January-July 2005 grew by 2.8% (7.3 million metric tons), compared with the corresponding period of 2004, while oil exports dropped by 806,000 tons, a Russian Industry and Energy Ministry report said. The ministry said oil production and exports in Russia amounted to about 270 million tons and 147 million tons respectively in January-July 2005. Gasoline production amounted to 18.2 million tons in January-July 2005, an increase of one million tons year on year. Diesel fuel production amounted to about 34 million tons in January-July 2005, an increase of 2.3 million tons year on year. The production of other petroleum products grew in January-July 2005, including fuel oil by 1.76 million tons and jet fuel by 316,000 tons.

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