Source Pravda.Ru

Russia extracted 418 billion cubic meters of natural gas in 2005

Russia's natural gas output in January-September 2005 reached 418 billion cubic meters, up 0.5% year on year, the Economic Development and Trade Ministry said Monday. Oil companies and independent natural gas producers increased output by 101.2%, whereas the output of subsidiaries of natural gas giant Gazprom increased by 100.4%. Gazprom's share in overall output remained unchanged from last year at 86%, RIA Novosti reports. In August, natural gas output fell by 0.3% year on year. Independent companies increased production by 0.6%, whereas Gazprom companies' output declined by 0.1%. Total of 640 billion cubic meters of natural gas was expected to be produced in 2005, up 1.2% from 2004. Data published by the Federal Customs Service and preliminary data of the Industry and Energy Ministry's said gas exports in the January-August 2005 period reached 142.6 billion cubic meters (104.9%), including 108.4 billion cubic meters (111.6%) delivered to western markets and 33.2 billion cubic meters (85.6%) to the Commonwealth of Independent States (CIS), a decline caused by reduced supplies to Ukraine.

In its review of Russia's social and economic development over the past eight months, the ministry noted an almost 50% year-on-year growth in oil prices.

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases

Presidential candidate Ksenia Sobchak, who was accredited for the press conference by Vladimir Putin from Dozhd (Rain) television channel, asked Putin about competition at the coming election

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