Markets

Russian oil exports seen falling further in 2015 to 224.7mn T

Published December 24, 2014 Updated December 24, 2014 12:10pm

1 min

By Imad Uddin

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MOSCOW: Russia expects oil exports to fall further next year to 224.7 million tonnes, compared to this year's planned exports of 229.5 million tonnes, Russia's Energy Ministry said in e-mailed comments on Wednesday.

In 2013, Russia, the world's second-largest oil exporter after Saudi Arabia, exported 236.5 million tonnes.

The Energy Ministry also said gas exports, including liquefied natural gas (LNG), were seen at 207.3 billion cubic metres (bcm) in 2015 versus 197.2 bcm in 2014.

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