KYIV, Oct 23 – Ukrgazvydobuvannia, part of the Naftogaz Exploration and Production division, reduced the production of natural gas by 0.5% (by 47.8 million cubic meters) in January-September 2020, as compared to the same period last year, to 10.135 billion cubic meters.
Naftogaz noted that it will be more difficult to maintain production at last year's level in the fourth quarter due to the cumulative effect of negative factors associated with the four months' lack of approval of the permits required to start drilling, as well as low prices for energy with a consequent reducing of investment in production activities, and a delay of the delivery of equipment and materials due to quarantine restrictions.
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