Russia plans to export all E.Siberian oil - minister

MOSCOW | Wed Dec 2, 2009 6:35am EST

MOSCOW Dec 2 (Reuters) - Russia's Energy Minister wants all of the oil produced at new East Siberian fields to be exported, Interfax news agency quoted Energy Minister Sergei Shmatko as saying on Wednesday.

"We are working on the basis that 100 percent of East Siberian oil will be exported," Shmatko was quoted as saying.

The ministry has previously said that Asia-Pacific markets, led by China, Japan and South Korea, will raise their share of Russian crude oil and refined product exports to 22-25 percent by 2030 from the current 6 percent. [ID:nGEE5AP25J] (Reporting by Robin Paxton) ((robin.paxton@reuters.com; +7 495 775 1242; Reuters Messaging: robin.paxton.reuters.com@reuters.net))

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