Ukrnafta reduced oil production by 3.7% in first half of 2018

Ukrnafta reduced oil production by 3.7% in first half of 2018

Ukrinform
In January-June 2018, PJSC Ukrnafta produced 711,000 tons of crude oil, which is 3.7% less than in the same period of 2017.

PJSC "Ukrnafta" in the first half of 2018 produced 711,000 tons of crude oil against 738,000 tons in the first half of last year, the press service of PJSC Ukrnafta reported.

The company also reduced gas production and production of liquefied gas.

In particular, the gas production in January-June 2018 amounted to 552 million cubic meters, which is 15.2% less than in the same period of 2017.

The production of liquefied gas in this period amounted to 55,000 tons, which is 18% less than in the first half of 2017.

At the same time, the company doubled its net profit in the first half of 2018.

In January-June, PJSC Ukrnafta received UAH 2.061 billion in net profit, while for the first 6 months in 2017 the company received UAH 1.336 billion.

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