JKX Oil & Gas with assets in Ukraine and Russia in the nine months of 2019 reached an average daily production of 10,668 barrels of oil equivalent (boepd), which is 19% more than the average figure for the nine months of 2018.
According to the company’s report on the London Stock Exchange, production in Ukraine in January-September 2019 rose by 51% compared to January-September 2018, to 5,535 boepd, in particular that of gas by 55%, to 765,000 cubic meters per day, oil and condensate by 33%, to 1,033 boepd.
At the same time, the average gas price for the indicated period of 2019 in Ukraine decreased by 21% compared to the same period in 2018, to $226 per 1,000 cubic meters, oil by 15%, to $61 per barrel.
The company said that in the third quarter of this year, compared with the second quarter, the average daily production grew by 13%, to 11,719 boepd, including in Ukraine by 16%, to 6,217 boepd. In particular, the growth of gas production in Ukraine amounted to 14%, to 842,000 cubic meters per day, oil and condensate by 26%, to 1,260 boepd.
“This is the highest level of oil production for the quarter and since the beginning of the year for the period from 2013,” the report said.
The increase in oil production in the third quarter of 2019 is the result of drilling two new wells: NN81 and IG142, JKX said.
At the same time, gas prices continued to decline in the third quarter, to an average of $175 per 1,000 cubic meters compared with $215 per 1,000 cubic meters in the second quarter and $269 per 1,000 cubic meters in the first quarter.
JKX Oil & Gas is engaged in the exploration and production of hydrocarbons in Ukraine, the Russian Federation, Hungary, and Slovakia.
Coalmines of DTEK Energy in January-September 2019 produced 16.5 million tonnes of run-of-mine (ROM) coal, which is 6.8% less than in January-September 2018 (UAH 17.7 million tonnes).
According to the company’s press release, by the end of this year, DTEK Energy’s mines plan to produce a total of more than 23 million tonnes of coal.
“Successfully passing the heating period is task number one for all energy companies. DTEK, as a representative of thermal generation, accumulates sufficient coal reserves in the warehouses of thermal power plants before the start of winter. Our priority is domestic fuel. DTEK Energy’s mines produce 1.8 million tonnes per month. It is possible to achieve such indicators thanks to the hard work of our miners and constant investments in coal mining,” DTEK Energo CEO Dmytro Sakharuk said.
The production of basic pharmaceuticals in Ukraine in January-August 2019 increased by 8.8% compared to the same period last year, the State Statistics Service has reported. According to the report, in particular, production of drugs packaged for retail sale containing mixed or unmixed products increased by 5.6% in January-August compared to the same period of the previous year.
At the same time, the production of medicines containing antibiotics decreased by 3.1% compared with January-August 2018. The production of drugs intended for therapeutic or prophylactic use and containing corticosteroid hormones, their derivatives and structural analogues that do not contain antibiotics, fell by 15%, respectively.
As reported, production of basic pharmaceutical goods and pharmaceuticals in Ukraine in January-August 2018 decreased by 2.2% compared to the same period in 2017.
Paper and Board Company (Lviv), the producer of packaging cardboard tubes and hygienic paper products, in January-August 2019 saw a 9% rise in production year-over-year, to UAH 421.6 million. According to the Ukrpapir association, the company increased production of base paper for hygienic paper products by 15% over the period, to 4,480 tonnes, production of box cardboard fell by 3.4%, to 15,700 tonnes.
Toilet paper output grew by 8.5%, to 2.7 million rolls.
Paper and Board Company was established in 1946 on the basis of the production facilities of a small mechanical plant. Currently it produces goods and semi-finished products from waste paper (cardboard sheets, corners, tubes) and pulp paper (toilet paper, towels, napkins).
The company exports its products, in particular to Poland, Germany, France, Austria, Italy, Portugal and Romania.
Metal companies of Ukraine plan in October 2019 to boost steel smelting by 5.4% compared with the forecast for September, to 1.95 million tonnes from 1.85 million tonnes. According to the Ukrmetallurgprom association, the plan for October foresees growth in production of pig iron by 5.7%, to 1.85 million tonnes from 1.75 million tonnes, and growth in production of rolled steel by 3% compared with the forecast for September, to 1.7 million tonnes from 1.65 million tonnes.
The association said that 42.44 million tonnes of iron ore concentrate were produced in January-August (106% compared to the same period in 2018), 21.11 million tonnes of sinter (102%), 14.76 million tonnes of pellets (103%), 6.87 million tonnes of gross coke (96%), 13.73 million tonnes of pig iron (101%), 14.66 million tonnes of steel (105%), 12.52 million tonnes of rolled products (102%), 740,000 tonnes of pipe products (101%).
In August, 1.83 million tonnes of pig iron were produced (111% compared to July 2019), 1.94 million tonnes of steel (109%), 1.54 million tonnes of rolled metal (102%).
As of September 10, 2019, of the main existing production facilities in operation are: 18 of 21 blast furnaces, eight of nine open-hearth furnaces, 14 of 16 converters, 5 of 15 electric furnaces and 15 of 15 continuous casting machines (CCM).
In August 2019, about 2.4 million tonnes of iron ore raw materials were delivered to metal enterprises (100% compared to July 2019). There was no import of iron ore in August.
Milk production in Ukraine in January-August 2019 decreased by 3.5% compared to the same period in 2018, to 6.74 million tonnes.
According to the State Statistics Service, in January-August 2019, farmers produced 2.15 million tonnes of meat (live weight), which is 6.5% more than in the same period of 2018.
Egg production grew by 5.2%, to 11.64 billion units.
