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Russian Oil Export Down

  • According to the RF Federal Customs Service statistics, in January-February 2018 Russia exported 61.6 mn tons of crude oil, down 1.3% year-on-year.

    In terms of value crude oil export grew 21.5% up to $28.2 bn.

    Oil products export also decreased 1.1% down to 40.6 mn tons. In terms of value it increased 21.4% up to $19.3 bn.

    Diesel fuel export grew 4.5% tonnage-wise up to 14.4 mn tons and 27.9% up to $7.9 bn in terms of value.

    Petrol export was up 13.5% to 1.4 mn ton physically and up 44.7% to $807.2 mn in terms of value.

    Natural gas export increased 6.2% up to 60.2 bn cbm in physical terms and 29.3% up to $12.4 bn in terms of value.

    Liquefied natural gas export surged 2.41-fold to 9.8 mn tons, its value grew 2.4-fold up to $1.3 bn.

     

     


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