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Rosneft oil and gas condensate output up 15% in 1H07

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MOSCOW, July 16 (RIA Novosti) - Russia's state-controlled oil giant Rosneft [RTS: ROSN] said Monday its oil and gas condensate output had grown by an estimated 14.6%, year-on-year, in the first half of 2007, to 44.5 million metric tons.

Rosneft's share in Russia's oil output in the reporting period increased to about 19% from 16.4% a year earlier, the company said.

Oil refining grew by an estimated 29.1%, year-on-year, in the first half of 2007, to 15.2 million metric tons (111 million bbls) and the output of petroleum products amounted to 14.4 million metric tons, the company said.

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