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Russian January Oil Output Up 1.6% On-Year

By Jacob Gronholt-Pedersen Of DOW JONES NEWSWIRES MOSCOW -(Dow Jones)- Russia produced 10.21 million barrels of crude oil a day in January, slightly up from December, but short of the record high of 10.26 million barrels a day reached in October last year, statistics from the Energy Ministry showed Wednesday. Russia--the world's biggest oil producer ahead of Saudi Arabia--produced 43.189 million metric tons of oil in January, which is 1.6% higher than in the same month last year. Russian oil exports fell 5.6% to 19.71 million tons, while supplies to the country's refineries increased 4.5% to 21.63 million tons. Natural gas production totaled 63.697 billion cubic meters, down 0.3% from January 2010. Domestic consumption of natural gas fell 12% to 54.85 billion cubic meters, while cold weather in Europe caused exports to increase by 31% to 24.36 billion cubic meters. Output at state-controlled gas firm OAO Gazprom (GAZP.RS) in January fell 3.7% on year to 49.15 billion cubic meters. -By Jacob Gronholt-Pedersen, Dow Jones Newswires; +7 495 232 9197;

Stock News for Mechel Oao (MTL)
09/22/201418:39:55ADR Shares End Lower; Mechel Shares Trade Actively
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11/18/201313:10:43Mechel Agrees With Main Lenders on Easing Debt
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04/30/201308:50:42Mechel Signs 3-Year Coal Deal With Korea's POSCO
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12/10/201217:22:36ADR Report: Shares End Slightly Higher, Boosted by Mining Stocks
10/15/201206:12:33Mechel Secures $775 Million Credit for Russian Mine
08/27/201217:15:27ADR Report: Shares End Lower; Steelmakers Slump
06/20/201217:32:20ADR Report: Shares End Higher on Central Bank Support
05/02/201217:19:50ADR Report: Shares Lower As Euro Zone Worries Grow
03/29/201217:23:17ADR Report: Shares Drop On Weakness In Overseas Markets
03/05/201217:26:20ADR Report: Shares Lower As China Cuts Growth Target
12/28/201110:48:23Evraz Secures $610 Million Loan Amid Volatile Market Conditions

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