Russian oil output rose by 1.2 per cent in 2009
Russia's crude oil output increased by 1.2 per cent in 2009, reports Bloomberg
The country pumped 9.93mn barrels of oil a day in 2009, according to the website of CDU-TEK, the Russian Energy Ministry's central dispatch unit,
New projects helped the oil producer reverse a decline in production compared to 2008. In 2008, Russian oil output fell by 0.7 per cent.
Russian crude output rose by 3 per cent to 42.49 million tons last month. However, Russian crude exports remained little changed in December from the same period in 2008. They rose by 3.3 per cent during 2009.
Production of natural gas declined 12.4 per cent to 582.4 billion cubic meters. State-run OAO Gazprom, Russian biggest gas producer, reduced its output by 16.1 per cent to 462.1 billion cubic meters. Natural gas exports fell 10.3 per cent to 167.1 billion cubic meters, while domestic demand slid 6.6 per cent, according to data from CDU-TEK.