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Russian oil export sales up 33% in 2008

MOSCOW, February 5 (RIA Novosti) - Russian oil export revenues in 2008 grew 33% year-on-year to $151.7 billion, while oil export in physical terms was down 7% to 221.6 million tons, the Federal Customs Service said on Thursday.

Exports to CIS countries were down 1.6% to 16.76 million tons, while revenues were up 33.5% to $8.98 billion.

Exports to non-CIS countries were down 7.4% to 204.87 million tons, while revenues were up 33% to $142.69 billion.

According to the federal statistics agency, oil production in Russia fell 0.7% in 2008, year-on-year, to 488 million tons.

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