Russia oil output at post-Soviet high on foreign projects, Rosneft

* Russian oil production 10.74 mln bpd in September

* Russia contributing to global oil glut

(Writes through, adds detail)

MOSCOW, Oct (HKSE: 3366-OL.HK - news) 2 (Reuters) - Russian oil output, one of the

world's largest, reached a new post-Soviet monthly high of 10.74

million barrels per day (bpd) in September thanks to foreign-led

projects and Rosneft, Energy Ministry data showed on

Friday.

Output rose from 10.68 million bpd in August and eclipsed

the previous record of 10.71 million bpd reached earlier this

year, adding to a global glut that has battered oil prices.

In tonnes, oil output reached 43.961 million, versus 45.17

million in August.

Russian oil production has surprised analysts and industry

watchers with its almost uninterrupted rising trend despite

widely assumed predictions it would fall due to the depletion of

fields in West Siberia, the country's largest oil province.

New (KOSDAQ: 160550.KQ - news) technologies and active drilling helped production to

rise.

Russia has been unwilling to cut output to support the price

of oil, which has more than halved since peaking in June 2014 to

trade just below $50 per barrel - the level on which

Russia's budget is formed.

According to Kuwait's oil minister Ali al-Omair, global

crude oversupply is around 1.8 million bpd. He expects oil

prices to rise by the end of 2015.

Friday's data showed that Russian oil output under

production-sharing agreements, designed in the 1990s to

encourage investment by foreign oil firms, jumped 10 percent in

September from August to almost 1.23 million tonnes (300,000

bpd).

The ministry gave no breakdown of the data for those

projects, which include Sakhalin-1 developed by Rosneft,

ExxonMobil, ONGC and Sodeco; Sakhalin-2

involving Gazprom, Shell (LSE: RDSB.L - news) , Mitsui and

Mitsubishi ; and Kharyaga with Total (Swiss: FP.SW - news) , Statoil (Hamburg: 1245893.HM - news)

and Zarubezhneft.

Sanctions do not affect those projects.

Production at Rosneft, the world's largest listed oil

producer by output, edged up 0.4 percent.

Pipeline oil exports via the Transneft monopoly

stood at 17.784 million tonnes (4.345 million bpd), up from

16.903 million tonnes in August.

Gas production was at 47.17 billion cubic metres (bcm) last

month, or 1.57 bcm a day, versus 43.7 bcm in August.

(Reporting by Vladimir Soldatkin; Editing by Dale Hudson)