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Ukrnafta increases oil output 0.9% on year in Jan-May
Journal Staff Report

KYIV, June 17 – Ukrnafta increased oil and condensate production by 0.9% to 638,300 tons in January-May, while gas production – by 2.2% or 10.7 million cubic meters, to 493.2 million cubic meters.

According to a company press release, in May, the company produced 128,900 tons of oil and condensate and 96.7 million cubic meters of gas, which, respectively, is 1.3% and 1.7% lower than in the same period in 2019. Average daily hydrocarbon production in May amounted to 4,160 tons of oil and condensate and 3.12 million cubic meters of gas, slightly lower than in the same period last year.




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