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Tatneft Boosted Oil Production 1.5 Pct

Russia's sixth-largest oil producer Tatneft said it boosted oil output by 1.5 percent

Russia's sixth-largest oil producer Tatneft said it boosted oil output by 1.5 percent in the first seven months of the year compared with the same period of the last year, due to the production of 197 new wells, drilled by the company.

Crude oil production rose to 14.8 million tons (512,000 barrels per day), the company said in a statement on Tuesday.