Russia's crude oil output declines in December - News - Dukascopy Bank
Wed, 11 Jan 2012 14:56:22 GMT
Source: Dukascopy
Russia's crude oil production decreased to 10.32 million
barrel per day in December from 10.34 million barrel per day, reflecting 0.2%
fall, reported the Energy Ministry. Exports via Transneft pipeline edged down
to 4.26 million barrel per day, losing 5.6% on a monthly basis. However, Russia
is likely to become an alternative oil supplier for the EU in case a complete ban
on oil imports from Iran comes in force.
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