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Naftogaz reports producing 685,000 barrels of Egypt oil in 2011
Journal Staff Report

KIEV, Feb. 6 - Ukraine's national oil and gas company Naftogaz Ukrayiny produced over 125,000 barrels of crude oil in Egypt in October-December 2011 and 685,000 barrels since the beginning of last year, the Ukrainian Energy and Coal Industry Ministry said in a report on the company's plan fulfillment for 2011.

"Naftogaz Ukrayiny has been carrying out commercial oil production and delivery from the HG field of the Alam El Shawish East concession zone since April 18, 2010. As of December 23, 2011, over 685,000 barrels of crude oil had been produced in the concession zone," the document said.




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