SpyLOG
USD11/0229.8923+0.2128
EUR11/0239.6282+0.1515
RTS10/021605.12+0.12%
MICEX09/091518.22-2.46%
RIA Novosti

Business

Oil, industrial production grow 4.2%, 7.5% in 1Q07

15:18 17/05/2007
MOSCOW, May 17 (RIA Novosti) - Oil output in Russia grew 4.2% in the first quarter of 2007 year-on-year to 121.2 million metric tons (about 890 million bbl) while industrial output climbed 7.5%, the federal statistics body said Thursday.

Crude sales on the domestic market in January-March grew 6.5% to 56.2 million metric tons (413 million bbl), and exports edged up 3% to 63.1 million tons (464 million bbl). In March, domestic sales rose by 5.4% to 19 million metric tons (140 million bbl) and exports by 3.2% to 22.3 million tons (164 million bbl).

The Federal Service for State Statistics said oil accounted for 33% of Russia's exports in January-March.

In March, Russia produced 9.8 million barrels a day. Iraq and Saudi Arabia produced over 2.023 and 8.5 million barrels a day respectively. The average export price for oil was $383 per metric ton, and the Urals brand price on the world market grew 9.3% to $430.

Automobile manufacturing rose 13.1% to 394,000 cars in the first quarter. Production of meat and meat products grew 22% year-on-year to 763,000 metric tons, while bread and bakery product output slipped 0.1% to 2.5 million metric tons.

  • Add to blog
  • Send to friend
  • Share

Add to blog

You may place this material on your blog by copying the link.

Publication code:

Preview:

Send by e-mail

All fields are required!



Leave a comment









    Рейтинг@Mail.ru  Rambler's Top100
    © 2012 RIA Novosti