Ukrnafta produces 1.08 mln tonnes of oil and condensate in January-September 2018

“PJSC Ukrnafta, Ukraine’s largest oil company, has published operational results for 9 months of 2018. Ukrnafta produced 1.08 million tonnes of oil and condensate for nine months in 2018,” reads the report.

It is noted, that in the third quarter of 2018, the average daily production rate of oil and condensate grew up to 4.0 thousand tonnes per day, which is 21.2% higher the results recorded in the corresponding period last year (3.3 thousand tonnes per day) and 2.6% higher the results recorded in the second quarter of 2018.

“Thus, Ukrnafta has restored the liquids production rate that had declined because the company had to terminate operations at its six fields,” reads the report.

Also, the average daily rate of gas production was at the level of 3.0 million cubic meters per day, demonstrating the stable positive dynamics in the reported period as well, the company reported.

iy