Rosstat: Russia for 9 months increased its oil production by 1.4%

Rosstat: Russia for 9 months increased its oil production by 1.4%


In January-September of the current year oil and gas condensate rose to 398 million tonnes. In September the figure was 44 million tons.

MOSCOW, 19 Oct. Oil and gas condensate in Russia in January-September of 2015 grew by 1.4% compared with the same period last year, according to data of Rosstat.

In September the figure was 44 million tons. Growth by the similar period of last year amounted to 1.4 percent.

For 8 months of 2015, the figure was 354 million tons. Thus, in January-September the figure rose to 398 million tonnes.

By the end of 2014 oil production in Russia increased by 0.7% to 526,8 million tons, exports amounted to 223,4 million tons.

Last week the head of Ministry Alexander Novak said that oil production in Russia in 2015-2016 will amount to 532-533 million tons in 2017 may decrease because of tax exemptions.