Russia boosts oil output 1% in 2013

MOSCOW. Jan 9 (Interfax) – Russia’s oil and gas condensate output grew 1.0% year-on-year to 523.276 million tonnes (10.508 million barrels a day) in 2013, the Central Dispatching Department of the Fuel and Energy Complex (CDU TEK) said.

Russia produced 44.964 million tonnes of oil in December, with the average daily produce of 10.632 million barrels.

In 2013 Rosneft (MOEX: ROSN) produced 156.508 million tonnes of oil (16.493 million tonnes in December), Lukoil (MOEX: LKOH) – 85.816 million tonnes (7.354 million tonnes), TNK-BP Holding (MOEX: TNBP) – 35.740 million tonnes, Surgutneftegas (MOEX: SNGS) – 61.453 million tonnes (5.227 million tonnes), Gazprom Neft (MOEX: SIBN) – 32.160 million tonnes (2.800 million tonnes), Tatneft (MOEX: TATN) – 26.419 million tonnes (2.244 million tonnes), Slavneft (MOEX: SLAV) – 16.802 million tonnes (1.379 million tonnes), Bashneft (MOEX: BANE) – 16.073 million tonnes (1.408 million tonnes) and Russneft (MOEX: RUSN) – 12.521 million tonnes (0.727 million tonnes).

The CDU TEK said the yield of companies with Russian capital and joint ventures with foreign investment stood at 45.170 million tonnes last year (including 4.159 million tonnes in December).

Gazprom (MOEX: GAZP) produced 16.319 million tonnes of oil last year (1.492 million tonnes), and production sharing project operators contributed 13.957 million tonnes (1.311 million tonnes).