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January-June 2005 saw a mere 0.5% year-on-year oil export growth in Russia
January-June 2005 saw a mere 0.5% year-on-year oil export growth in Russia, a preliminary government report said. In recent years, oil exports grew by an average 14% annually. The slowdown is due to the lower rate of exports as a whole, which only increased by 3.1% in January-May, compared to an increase of 10.7% in the same period last year
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