KIEV, April 9 – Ukraine's major oil extracting company, UkrNafta, in January to March 2008 cut oil with gas condensate extraction by 2.9%, or by 23,200 tons year-over-year, to 769,800 tons, according to a company press release issued on Tuesday.

The company said that gas extraction over the first three months fell by 4.5%, or by 37,100 cubic meters, to 793,300 cubic meters.