VOL. XXXVII

NO. 11

13-DECEMBER-1993

Supply/Demand

Russian 1993 Oil And Gas Production Down, Says Ministry

The Russian Economics Ministry has forecast that the country's combined 1993output of crude oil and condensate will total 357mn tons (7.14mn b/d), comparedto 399mn tons (7.98mn b/d) in 1992. Output in 1994 is expected to fall furtherto 327mn tons (6.54mn b/d). Natural gas output for 1993 was forecast at 617bncu.ms., down from 640bn cu.ms. in 1992. Natural gas output in 1994 is expectedto...