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SGTZY Surgutneftegas PJSC (CE)

0.62
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Surgutneftegas PJSC (CE) USOTC:SGTZY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0.62 0.00 01:00:00

Russian Oil Output Hits Post-Soviet High In February

02/03/2012 10:05am

Dow Jones News


Surgutneftegas PJSC (CE) (USOTC:SGTZY)
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Russia's oil production edged higher in February, to a new post-Soviet high of 10.36 million barrels a day, as increased capital spending helped stabilize falling output in West Siberia, Energy Ministry data showed Friday.

Russia--the world's biggest oil producer ahead of Saudi Arabia--produced a total of 40.98 million metric tons of crude oil and gas condensate in February, which is a 4.8% rise from the same month last year, the ministry's Central Dispatching Department of Fuel Energy Complex said on its website.

Production was up from 10.35 million barrels a day in January.

Of the total, 18.57 million tons of crude oil was exported, a 0.4% increase from February last year.

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

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