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Russia says its 2012 oil output hit a post-Soviet record high while natural gas production...
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Wednesday, January 2, 10:49 AM ETRussia says its 2012 oil output hit a post-Soviet record high while natural gas production declined amid stalling European sales. The mixed figures, highlighted by a dip in oil exports outside ex-Soviet territories, point to lingering problems in a sector that accounted for 49% of all budget revenues in 2011.
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