Ukrnafta increases oil and gas production in August 2019

Ukrnafta increases oil and gas production in August 2019

In August 2019, PJSC Ukrnafta increased oil and condensate production by 4.1% from the previous month, according to the company’s press service.

“In August 2019, PJSC Ukrnafta produced 128.3 thousand tonnes of oil and condensate and 100.9 million cubic meters of gas, 4.1 % and 6.3% up respectively compared with the relevant indicators of August 2019,” reads the report.

Daily production rates increased similarly up to 4.14 thousand tonnes per day for oil and condensate and 3.26 million cubic meters per day for gas.

According to the company, further significant growth of Ukrnafta's production can be ensured only by increased investments in the infrastructure modernization production intensification, drilling new wells and obtaining new special permits for hydrocarbon production. This will be possible after the government approves a decision to settle the company's outstanding tax debt.


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2020 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period: