Russian oil exports up 0.6% to 191 mln tonnes in 9M - Rosstat
MOSCOW. Nov 22 (Interfax) - Russian oil and gas condensate exports rose 0.6% year-on-year in January-September 2017 to 191 million tonnes, the Federal State Statistics Service (Rosstat) said, citing Federal Customs Service (FCS) data, which include trade with Belarus.
Oil accounted for 26.9% of overall Russian exports in 9M 2017, up from 25.9% a year previously, and for 44.2% of overall fuel and energy exports, unchanged.
The average export price for oil in September 2017 was $370.2 per tonne, up 5.6% compared with August 2017. Urals blend traded at $396 a tonne on the world market, up 6.3% from August.
Changes in average export prices for Russian crude and oil prices on the world market:
|Average actual export price||World market price for Urals blend|
|$ per tonne||% of December the previous year||$ per tonne||% of December the previous year|
Source: Russian Economic Development Ministry
Russia produced 409.2 million tonnes of oil and gas condensate in 9M 2017, 0.5% more than in 9M 2016, and refined 211.8 million tonnes, up 0.5%.
Oil production by Russia and the leading oil exporting nations ('000 barrels per day):
|Of which: Iraq||4494||4462||4471|
* - Not including gas condensate.
** - OPEC Market indicators as at end-September 2017