Russia’s oil extraction and exports increased last month


December 2, Fineko/ Russia has announced the volumes of oil and gas condensate production for November 2021.

ABC.AZ informs that oil & gas condensate extraction in Russia grew by 8.6% (against November 2020) up to 44.56 million tons.

Since early 2021 oil production has increased by 1.6% up to 477.86 million tons. Russian oil exports for Jan-Nov 2021 declined by 4.1% (against Jan-Nov 2020) up to 205.1 million tons.

Russian oil exports increased by 3.4% up to 18.95 million tons for November.