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Checking the numbers: Viktor Khristenko

Russia eyes 5.2% oil output jump

Russian oil output will jump 5.2% between now and 2010, according to the country's Energy Minister Viktor Khristenko.

Russia will produce 10.4 million barrels per day (517.9 million tonnes a year) by 2010, Khristenko told the Wall Street Journal in an interview at the Rome World Energy Conference.

He previously said this year's output would rise 2.4% compared to 2006 to 492 million tonnes.

The jump in production owes itself to new projects in Eastern Siberia, offshore production at Sakhalin and the Arctic north, the paper said.

While Russia is the world's second largest exporter of crude oil after Saudi Arabia, rapid growth such as 10% , as at the beginning of the decade, will not be repeated, Khristenko said.

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