Ria Novosti quoted the country's top statistics body Rosstat said Russia crude oil output expanded 0.8%YoY in January to October 2009 to 410 million tonnes.
Rosstat said in October, crude production grew 2.4%YoY and declined 3.8%MoM.
Russia's oil output declined 0.7% in 2008 from a year earlier to 488 million tonnes. The Economic Development Ministry projects oil production to amount to about 488 million tonnes in 2009, 485 million tonnes in 2010, 483 million tonnes in 2011 and to stabilize at this level in 2012.
Oil exports are expected to hit 245.5 million tonnes in 2009, 243 million tonnes to 246 million tons in 2010, 241 million tonnes to 247 million tonnes in 2011 and 238 million tonnes to 245 million tonnes in 2012.
Rosstat said Russia's natural gas production declined 17.2%YoY in January-October 2009 to 457 billion cubic meters. It said In October, gas output in Russia grew 24.4%MoM and declined 0.2%YoY.
Rosstat data slightly differs from the figures earlier announced by the Energy Ministry which reported that natural gas output had dropped 16.7%YoY in January to October to 460.3 billion cubic meters with gas exports down 21.3% to 123.64 billion cubic meters.
The Energy Ministry forecasts natural gas output in Russia to hit 620 billion cubic meters to 644 billion cubic meters in 2009, 596 billion cubic meters in 2010, 610 billion cubic meters in 2011 and 621 billion cubic meters in 2012.
(Sourced from RIA Novosti)
