21 Feb 2014 16:28

Russian oil exports down 1.4% in 2013 - Rosstat

MOSCOW. Feb 21 (Interfax) - Russian oil and gas condensate exports fell 1.4% in 2013 to 236.6 million tonnes, the Federal State Statistics Service (Rosstat) said, quoting figures from the Federal Customs Service (FCS) which include trade with Belarus.

Oil accounted for 33% of overall Russian exports in 2013, down from 34.5% in the same period of last year, and 46.7% of overall fuel and energy exports (49.1%).

The average export price for oil in December 2013 was $739.9 per tonne, or 1.4% lower than in November. Urals blend traded at $802.1 a tonne in the world market, up 2.4% from November.

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
2012
January 745,3 99,1 801,5 102,1
February 786,3 104,5 868,1 110,6
March 820,1 109,0 895,0 114,0
April 813,3 108,1 854,8 108,9
May 775,9 103,1 794,7 101,2
June 688,0 91,5 682,1 86,9
July 681,6 90,6 748,8 95,4
August 730,8 97,1 825,6 105,1
September 759,0 100,9 814,4 103,7
October 761,5 101,2 805,8 102,6
November 751,4 99,9 790,5 100,7
December 735,7 97,8 790,8 100,7
2013
January 748,2 101,7 816,2 103,2
February 766,8 104,2 835,5 105,7
March 746,3 101,4 778,7 98,5
April 710,5 96,6 738,0 93,3
May 687,0 93,4 746,6 94,4
June 695,5 94,5 750,8 94,9
July 717,9 97,6 790,2 99,9
August 736,9 100,2 811,1 102,6
September 758,4 103,1 809,3 102,3
October 750,3 102,0 787,7 99,6
November 750,5 102,0 783,4 99,1
December 739,9 100,6 802,1 101,4

Source: Russian Economic Development Ministry

Russia produced 522.9 million tonnes of oil and gas condensate in 2013, 0.9% more than a year previously, and refined 278.2 million tonnes, up 2.7%.

Oil production (not including gas condensate) by Russia and the leading oil exporting nations ('000 barrels per day):

2013
December November October
Russia * 10338 10068 10357
OPEC (total)** 29443 29463 29848
Of which: Iraq 2983 3038 2964
Saudi Arabia 9424 9655 9714

* - Not including gas condensate.

** - OPEC Market indicators as at end-December 2013