Russia revises up oil production, export estimates for 2005

Russia’s economy ministry revised upward its 2005 estimates for oil production to 474 million tonnes and for oil export to 269 million tonnes, RIA Novosti news agency reported.

Previous estimates for oil production and export were 470 million tonnes and 263 million tonnes, respectively, RIA Novosti quoted Andrei Klepach, an official from Russia’s ministry for economic development and trade, as saying.