Russia announces higher oil exports

Russia’s oil exports amounted to 101.562m tonnes in January-May 2007, which is nearly 8 percent more than in the same period a year earlier, the Russian Federal Customs Service reported today. Meanwhile, oil exports grew 4.9 percent to $40.819bn in money terms. Exports to non-CIS countries stood at 93.919m tonnes (up 7.43 percent), worth a total of $38.282bn. Oil exports to CIS amounted to 7.643m tonnes (up 14.7 percent) worth $2.538bn.

RBCNews