In 2016 Russia increased oil and gas condensate production by 2.5% to 547.499 million tons, thereby refreshing the record value
The annualized average daily oil production rate at the same time amounted to 10.965 million barrels. In December 2016 Russia extracted by 3.7% more oil than in 2015, and the production volume amounted to 47.402 million tons. Average daily oil production in the past month reached 11.208 million barrels.
Exports of raw materials to the non-CIS countries, in turn, amounted to 235.813 million tons (or 4.723 million barrels / day) in 2016, which is 7% higher than in 2015.