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The Russian Federation has increased the oil production by 2.1% in January-June 2016

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The Russian Federation has increased the oil production by 2.1% in January-June 2016

The Russian Federation has increased the oil production by 2.1% in January-June 2016
July 04
09:00 2016

In Russia the oil production with gas condensate amounted to 269.877 million tons in the first half of this year. This is 2.1% more than in the corresponding period of the last year. Such information is given in the situation report of the CDU TEK (Central Dispatch Administration of Fuel and Energy Complex).

At the same time the export of Russian oil to far abroad countries in January-June 2016 increased by 5.8% compared to the same period in 2015 and became equal to 116.356 million tons.
For the same period the natural gas production has fallen by 1.3% in relation to the last year’s figure – up to 307.633 billion cubic meters.
Analyzing these data you should bear in mind that February 2016 has one day more than last year February.

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