VOL. XXXVII

NO. 27

4-APRIL-1994

FSU

Russian Oil Production Drops 11.2% During 1993

Russian crude oil production declined to 354.1mn tons (7.08mn b/d) during1993, according to official data, a fall of 11.2% from 398.8mn tons (7.98mn b/d)in 1992. Speaking at a conference on oil and gas in the former Soviet Union inVienna on 23 March, the Deputy Chairman of Rosneft, a Russian state-owned oilcompany, Mr. Ilya Leshchinets, said that Russian oil production is expected tofall to 330mn tons (6.6mn b/d) in...