Russian oil exports up 0.5% to 213.7 mln tonnes in 10M - Rosstat
MOSCOW. Dec 22 (Interfax) - Russian oil and gas condensate exports rose 0.5% year-on-year in January-October 2017 to 213.7 million tonnes, the Federal State Statistics Service (Rosstat) said, citing Federal Customs Service (FCS) data, which include trade with Belarus.
Oil accounted for 27% of overall Russian exports in 10M 2017, up from 26.3% a year previously, and for 44.5% of overall fuel and energy exports, down from 44.8%.
The average export price for oil in October 2017 was $382.5 per tonne, up 3.3% compared with September 2017. Urals blend traded at $411.4 a tonne on the world market, up 3.9% from September.
Changes in average export prices for Russian crude and oil prices on the world market:
|Average actual export price||World market price for Urals blend|
|$ per tonne||% of December the previous year||$ per tonne||% of December the previous year|
Source: Russian Economic Development Ministry
Russia produced 455.3 million tonnes of oil and gas condensate in 10M 2017, 0.2% more than in 10M 2016, and refined 225.2 million tonnes, up 0.1%.
Oil production by Russia and the leading oil exporting nations ('000 barrels per day):
|Of which: Iraq||4383||4514||4466|
* - Not including gas condensate.
** - OPEC Market indicators as at end-October 2017