Russia’s oil output edges up

The production of oil and gas condensate edged up 3.2 percent to 202.65m tonnes in January-May 2007 compared to the same period a year earlier, the press office of the Russian Industry and Energy Ministry reported today. Daily oil production reduced from 1,313m tonnes per day in May against 1.339m tonnes per day in April 2007.

LUKoil, Rosneft, TNK-BP Holding, Surgutneftegas, and Gazprom Neft were Russia’s largest oil producers.