Russia's oil production reaches new all-time high of 534 mln tonnes in 2015

Amid low oil prices, oil and gas condensate production in Russia grew 1.4%

Amid low oil prices, oil and gas condensate production in Russia grew 1.4% to 534.081 million tonnes in 2015 year-on-year, which is a new all-time high, the latest data from the Central Dispatching Department of the Fuel and Energy Complex (CDU TEK) show.

Russian oil exports to non-CIS countries increased 10.6% to 220.267 million tonnes in 2015 year-on-year.

At the same time, Russia's natural gas output declined 1% to 635.349 billion cubic meters in 2015 year-on-year.

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