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Russia ups oil output, exports.

Asia Africa Intelligence Wire

| June 04, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From BBC Monitoring International Reports)

Russia's oil output in June is expected to rise by more than 5 per cent, the Russian news agency Prime-TASS reported on 4 June. It will also export more oil, the report added, with the increase put at well over 10 per cent.

Russia's oil production in June is to total 36.299 million tonnes, up 5.7 per cent on the year. It will also export more oil, with 16.783 million tonnes - up 12.6 per cent on the year - to be exported, including transit from the CIS, a source in the Energy and Industry …

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