Azerbaijan, Baku, Feb. 2 / Trend , A.Badalova/
Overall oil output in Russia will hit 9.66 million barrels per day in 2009, a 0.2-million-barrel fall from 2008, Energy Security Analysis (ESAI) reported.
Oil production in Russia will drop in 2009. It will not reach the 2008 figure of 9.8 million barrels per day, ESAI said in its "Pursuing Global Influence: Oil, Gas and Russia's New Foreign Policy of Confrontation" report.
Russian oil production will hit 9.58 million barrels per day in 2010, 9.67 million in 2011, 9.74 million in 2012, and 9.81 million in 2013.
In 2008, 700,000 barrels per day of Russian crude were delivered to FSU countries. Russia exported 4.1 million barrels per day to countries outside the FSU.
EU-16 countries imported 2.5 million barrels per day from Russia in 2008. Russia exported another 500,000 barrels per day to Asia and 150,000 barrels per day to North America.
ESAI expects that Russia will run a budget deficit in 2009.
"Since the Russian economy is dependent upon energy and commodities, the decrease in prices on these goods has had a negative impact on the country's balance of payments and stock market," the report said.
According to the report, low oil prices are the biggest threat to Russian domestic social and economic stability.
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