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|
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):
|Of which: Iraq||2476||2513||2519|
* - OPEC Market indicators as at end September 2009