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Page added on June 20, 2008

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Russian oil export falls 4.2% in Jan.-April, to 81.4 mln tons

Russian crude oil exports fell by 4.2% in the first four months of 2008, year-on-year, to 81.4 million metric tons, the Federal Statistics Agency said on Friday.

Oil production in the reporting period fell 0.3%, to 160.7 million tons, while refining and sales on the domestic market rose 4.5%, to 77.6 million tons.

The share of oil exports in the first four months of this year out of all of Russia’s exports stood at 35.5%, compared with 33.3% last year.

In April, oil production in Russia fell 0.7%, year-on-year, to 39.7 million tons, domestic sales rose 0.2%, to 18.1 million tons, while exports fell 7.3%, to 20.3 million tons.

RIAN



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