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Russian oil and gas condensate output down 4% in early April, says Ifx

Tuesday, 05 April 2022 | 20:00

Russian daily oil and gas condensate production in early April has declined by 4% from March, Interfax news agency reported on Tuesday, citing industry statistics without elaborating.

It said that average daily production stood at about 1.444 million tonnes, or 10.58 barrels per day (bpd), in early April.

Russian oil and gas condensate output in March fell to 11.01 million barrels per day (bpd) from 11.06 million bpd in February.

Reports of lower production come as exporters experience difficulties in the face of Western sanctions over Moscow’s military operation in Ukraine.
Source: Reuters

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