Top oil producer Russia s production hit 420.161 million tons till October this year, up two percent from last year.
According to country s Energy Ministry, oil exports however fell 0.4 percent to 205.244 million tons during the period.
Crude oil shipments for refining in Russia rose 5.5 percent to 206.348 million tons, while primary oil refining increased 5.7 percent to 206.165 million tons, the ministry said in a statement.
Russia's petroleum production rose 0.2 percent to 29.776 million tons.Energy Ministry said in September that Russia's oil production would amount to 500 million tons in 2010.
According to the Economic Development Ministry, the volume of oil production, including gas condensate, will amount to 499 million tons in 2010, or 1.1 percent more year-on-year, while oil exports will increase 1.3 percent to 250.5 million tons.
Under the country's new oil field development strategy until 2020, oil production will stabilize at 500-505 million tons in 10 years.
According to country s Energy Ministry, oil exports however fell 0.4 percent to 205.244 million tons during the period.
Crude oil shipments for refining in Russia rose 5.5 percent to 206.348 million tons, while primary oil refining increased 5.7 percent to 206.165 million tons, the ministry said in a statement.
Russia's petroleum production rose 0.2 percent to 29.776 million tons.Energy Ministry said in September that Russia's oil production would amount to 500 million tons in 2010.
According to the Economic Development Ministry, the volume of oil production, including gas condensate, will amount to 499 million tons in 2010, or 1.1 percent more year-on-year, while oil exports will increase 1.3 percent to 250.5 million tons.
Under the country's new oil field development strategy until 2020, oil production will stabilize at 500-505 million tons in 10 years.
