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 | |
| 2016 | ||||
| January | 230.3 | 82.0 | 209.9 | 78.9 |
| February | 210.6 | 75.0 | 223.0 | 83.9 |
| March | 241.3 | 85.9 | 266.7 | 100.3 |
| April | 258.8 | 92.2 | 289.3 | 108.8 |
| May | 290.0 | 103.3 | 326.0 | 122.6 |
| June | 309.6 | 110.3 | 339.4 | 127.6 |
| July | 311.3 | 110.9 | 318.1 | 119.6 |
| August | 308.7 | 109.9 | 320.5 | 120.5 |
| September | 312.3 | 111.2 | 322.5 | 121.3 |
| October | 326.6 | 116.3 | 350.4 | 131.8 |
| November | 326.4 | 116.2 | 320.3 | 120.5 |
| December | 339.1 | 120.8 | 380.2 | 143.0 |
| 2017 | ||||
| January | 369.8 | 109.1 | 388.1 | 102.1 |
| February | 377.0 | 111.2 | 390.5 | 102.7 |
| March | 368.5 | 108.7 | 363.3 | 95.5 |
| April | 357.7 | 105.5 | 373.1 | 98.1 |
| May | 353.6 | 104.3 | 358.7 | 94.3 |
| June | 336.4 | 99.2 | 333.3 | 87.7 |
| July | 335.1 | 98.8 | 349.3 | 91.9 |
| August | 350.6 | 103.4 | 372.5 | 98.0 |
| September | 370.2 | 109.2 | 396.0 | 104.2 |
| October | 382.5 | 112.8 | 411.4 | 108.2 |
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):
| 2017 | |||
| October | September | August | |
| Russia * | 10529 | 10174 | 10608 |
| OPEC (total)** | 32589 | 32740 | 32651 |
| Of which: Iraq | 4383 | 4514 | 4466 |
| Saudi Arabia | 10000 | 9983 | 9969 |
* - Not including gas condensate.
** - OPEC Market indicators as at end-October 2017