To: Linkdog who wrote (45247 ) 5/21/1999 3:10:00 PM From: Think4Yourself Respond to of 95453
Russian oil output down...cnnfn.news-real.com Moscow, 21st May: Production in all the major branches of Russia's fuel and energy industry in the first quarter of 1999 has decreased in comparison with the same period last year, except in the coal industry, where output is 2.5 per cent up on last year, the State Statistical Committee of the Russian Federation has reported. The rates of decline were 2.1 per cent in electricity generation, 0.9 per cent in oil extraction, 3.4 per cent in oil refining and 1 per cent in the gas industry. Oil output in April was 24.1m tonnes - 3.1 per cent down on March and 0.8 per cent up on April 1998. Oil production in the first four months of 1998 fell by 0.9 per cent, Prime-TASS reported. Oil output in January-April 1999 was 11 per cent up on January-August 1998 in Saratov Region, 1.7 per cent up in Tatarstan, and 1.4 per cent in Orenburg Region. Russia's main oil-producing area - Tyumen Region - has maintained last year's oil output. Oil output fell by 4.2-5.2 per cent in Bashkortostan, Tomsk and Samara Regions, and by 2.4 per cent in Perm Region. Primary refining of oil fell by 0.5 per cent in January-April 1999, and was 13.3bn tonnes in April - 1.7 per cent down on March and 0.7 per cent up on April 1998. In April, petrol production was 1,8m tonnes, diesel oil 3.7m tonnes, furnace oil 4.2m tonnes and lubricants 163,000 t. Natural gas production in the Russian Federation in January-April 1999 was 2.3 per cent down on the same period last year, including 47.5bn cubic metres of gas produced in April {99}, which is 9.2 per cent down on March 1999 and 1.6 per cent down on April 1998. The average daily production of natural gas fell by 2.3 per cent in January-April 1999 in Tyumen Region, which is Russia's main gas- producing region, and by 3.6 per cent in Orenburg Region, but rose by 6.3 per cent in Astrakhan Region. ...