![Durinhg 11 months oil production in Russia increased by 0.95%](https://turan.az/resized/./turan-750-500-resize.webp)
Durinhg 11 months oil production in Russia increased by 0.95%
From January to November 2013 Russia has increased oil production with gas condensate by 0.95% against the same period last year up to 478,285,000 tons, according to the Central Dispatcher Department of the Russian fuel and energy complex.
During this period delivery of oil for refining in Russia increased by 3.41% and totaled 250,148,000 tons. Primary oil refining at Russian oil refineries increased by 2.59% up to 248,300,000 million tons.
According to the same source, during this period Rosneft company extracted 186,419,000 tons (growth by 0.32%), LUKoil – 78,463,000 tons (growth by 1.33%), Surgutneftegas – 56,226,000 tons (growth by 0.07%), Gasprom Neft – 45,081,000 tons (decline by 0.63%), Tatneft – 24,175,000 tons (growth by 0.41%), Rusneft – 8,000,090 tons (decline by 0.03%) and Bashneft – 14,665,000 tons (growth by 3.91%).
According to the Department, in 2012 Russia increased oil production by 1.3% up to 518 million tons, while export decreased by 1% and totaled 239.6 million tons. Russian Ministry of Energy expects that till 2020 oil production will total 505,000,000-510,000,000 tons a year, reported http://oilru.com.--0--
Economics
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
-
The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
Leave a review