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2015-01-03 21:55:00

2014: RUSSIA OIL 10.58 MLN BPD

2014: RUSSIA OIL 10.58 MLN BPD

Russia's 2014 oil output hit a post-Soviet record high average of 10.58 million barrels per day (bpd), rising by 0.7 percent helped by small non-state producers, Energy Ministry data showed on Friday.

Oil and gas condensate production in December hit 10.67 million bpd, also a record high since the collapse of the Soviet Union.

The data showed Russia's so-called small producers, mostly privately held, increased their output by 11 percent to just over 1 million barrels per day.

Crude oil exports via state monopoly Transneft fell 5 percent to 195.5…

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Tags: RUSSIA, OIL, GAS, GAZPROM
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