
MOSCOW — Oil production in the fourth quarter of this year is expected to be 120 million tons of oil and unstable gas condensate, according to the ministry of industry and energy. A decree on the transportation of crude oil, oil products and gas to Russian consumers and abroad was signed by Andrei Reus, acting minister for industry and energy.
Under the document, Russia plans to export 44.9 million tons of oil to foreign countries except the CIS, through the Transneft pipeline system. 4.8 million tons will be supplied to Belarus, 4.3 million tons – to Ukraine, and 1 million tons – to Kazakhstan.
Production of oil with gas condensate from January to August 2005 reached 310.426 million tons, 2.5 percent more than in the same period last year. Russia’s oil exports dropped 0.7 percent to 168.369 million tons.
57.3 million tons of oil will be delivered to oil refineries in the fourth quarter. Domestic demand for automobile gasoline is projected to be 7.2 million tons, for diesel fuel – 7.9 million tons and for fuel oil – 8.3 million ton.