Russia produced an average of 10.08 million barrels a day of crude oil and gas condensate in February, up 0.4% from January, according to a statistics from the Energy Ministry showed Tuesday.

The country produced 38.50 million metric tons of oil in February, data from the TsDU-TEK department of the Energy Ministry showed. In the first two months of the year, Russia's production totaled 81.02 million tons of crude oil and condensate, up 3.0% on the year.

Russia's oil exports fell 2.8% in February to 18.41 million tons from the same month last year, the Energy Ministry said.

Natural gas production rose 16.6% in the first two months of the year to 121.83 billion cubic meters, including 57.95 billion in February.

Web site: www.minenergo.gov.ru

-By Jacob Gronholt-Pedersen, Dow Jones Newswires; +7 495 232 9197; jacob.pedersen@dowjones.com

 
 
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