REUTERS
Russia's revenues from crude oil exports in January-March 2016 shrank by 1.6 times to $14.093 billion compared to the same period last year, according to the Russian Federal Customs Service.
Russia's oil exports in the reporting period amounted to 61.951 million tonnes (an increase of 4.3% compared to the same period in 2015).
Oil exports to non-CIS countries increased by 4.5% to 56.085 million tonnes. In monetary terms, exports amounted to $13.076 billion in this period (lower by 1.6 times yoy).
Oil exports to CIS countries grew by 2.8% to 5.866 million tonnes, and declined by 24.2% in monetary terms, making up $1.016 billion, according to Prime.
Read alsoOil dips on record U.S. inventories, Canada output to improve soonExports of oil products in January-March 2016 decreased by 15.9% to 38.526 million tonnes compared to the same period last year. Exports in monetary terms amounted to $9.533 billion. Of this, Russia's exports of petroleum products to non-CIS countries amounted to 36.515 million tonnes ($8.806 billion in monetary terms): gasoline exports amounted to 668,300 tonnes ($ 230.7 million), diesel fuel exports reached 11.256 million tonnes ($3.438 billion).
Russia's revenues from gas exports in January-March 2016 amounted to $8.515 billion, which was lower by 25.8% than in the same period of 2015.
Read alsoThe Guardian: $1.3tn of assets from Russia sitting offshoreIn January-March 2016, Russia exported 51.1 billion cubic meters (bcm) of gas (an increase of 18% yoy), including 40.4 bcm of gas to non-CIS countries (an increase of 30.3%) and 10.7 bcm of gas to CIS countries (a decrease of 13%).