Twenty-one oilfields have been put into operation this year, with the total output at 150,000 tons. Nine of these deposits are being developed by Tatneft Co.; four, by LUKoil; and three, by the Tyumen Oil Company.
The year's refined oil output is expected at 193.7 million tons, or 1.9 percent up from last year's figure, ministry spokespeople say.
According to preliminary estimates, investments in fixed capital from all of the oil refining industry's finance sources will total 30 billion rubles (the U.S. dollar buys 27.77 rubles, on current rates).
Natural gas production may reach an annual 632.8 billion cubic meters this year, 12.6bln cubic meters more than last year. In January through November 2004, Russia exported some 131.4 billion cubic meters of natural gas to countries outside the Commonwealth of Independent States, which is a 3.2 percent increase from the same period of last year, the Industry & Energy Ministry reports.
Annual coal production is expected at 280 million tons this year-1.2 percent more than in 2003. Coal exports will increase 1.4-fold, to 72 million tons.
Annual investments will be up 30 percent, to come to a total 15 billion rubles, ministry experts predict.
