Russia ups oil export 1.2% to 184.3 mln tonnes in 9 mths
MOSCOW. Nov 19 (Interfax) - Russian oil and gas condensate exports grew 1.2% year-on-year in January-September to 184.3 million tonnes, the Federal State Statistics Service (Rosstat) said, quoting figures from the Federal Customs Service (FCS) that include oil exported to Belarus.
Oil accounted for 33.4% of overall Russian exports, down from 36% in January-September last year. Oil fell to 50.5% of overall fuel and energy exports, from 51.8% a year previously.
Rosstat said Russia exported 50.2% of the oil it produced in January-September 2009.
The average export price for oil in September was $475.6 per tonne, or 1.8% higher than in August 2009. Urals blend traded at $490.2 a tonne in the world market, 7.1% less.
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 | |
2008 | ||||
January | 613,9 | 100,8 | 653,0 | 101,6 |
February | 617,0 | 101,3 | 669,1 | 104,1 |
March | 662,9 | 108,8 | 728,4 | 113,3 |
April | 697,5 | 114,5 | 768,8 | 119,6 |
May | 764,6 | 125,5 | 866,9 | 134,8 |
June | 833,8 | 136,9 | 932,6 | 145,1 |
July | 887,4 | 145,7 | 946,9 | 147,3 |
August | 815,5 | 133,9 | 814,7 | 126,6 |
September | 702,8 | 115,4 | 708,1 | 110,1 |
October | 600,3 | 98,5 | 514,5 | 80,0 |
November | 442,1 | 72,6 | 373,0 | 58,0 |
December | 325,8 | 53,5 | 286,3 | 44,5 |
2009 | ||||
January | 291,6 | 89,5 | 312,4 | 109,1 |
February | 295,4 | 90,7 | 309,7 | 108,2 |
March | 298,1 | 91,5 | 329,7 | 115,2 |
April | 322,4 | 99,0 | 356,3 | 124,4 |
May | 358,7 | 110,1 | 415,7 | 145,2 |
June | 417,8 | 128,2 | 498,7 | 174,2 |
July | 445,9 | 136,9 | 471,0 | 164,5 |
August | 467,0 | 143,3 | 527,6 | 184,3 |
September | 475,6 | 146,0 | 490,2 | 171,2 |
Source: Russian Economic Development Ministry
Russia produced 367.2 million tonnes of oil and gas condensate in January-September, up 0.6% year-on-year. Russia-based refineries processed 176 million tonnes of crude, down 0.6%.
Oil production (not including gas condensate) by Russia and the leading oil producing nations ('000 barrels per day):
2009 | |||
September | August | July | |
Russia | 9665 | 9900 | 9858 |
OPEC (total)* | 28925 | 28860 | 28741 |
Of which: Iraq | 2476 | 2513 | 2519 |
Saudi Arabia | 8088 | 8140 | 8125 |
* - OPEC Market indicators as at end September 2009