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Sibneft-Noyabrskneftegaz exceeds 9M06 production target by 3.8%

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TYUMEN, October 6 (RIA Novosti) - Sibneft-Noyabrskneftegaz, the core production unit of Russian oil company Gazpromneft [RTS:SIBN], produced 20.35 million metric tons (149 million bbl) of crude in the first nine months of 2006, exceeding its target by 3.8%, the company said Friday.

However, September production fell 6.9% short of the monthly target. Average daily production in September was 57,000 metric tons of crude (417,800 bbl/d), the company said.

Gazpromneft, formerly Sibneft, is a subsidiary of Russian energy giant Gazprom.

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