Business news from Ukraine

UKRNAFTA RAISES OIL PRODUCTION BY 8.5% IN MAY

21 June , 2019  

PJSC Ukrnafta in May 2019 increased oil and condensate production by 8.5% compared to May 2018, to 130,700 tonnes, the press service of the company has said.
Natural gas production increased by 10.4%, to 98.4 million cubic meters. Compared with April 2019, oil and condensate production increased by 3.9%, that of gas by 4.6%.
The average daily production last month amounted to 4,200 tonnes per day and 3.2 million cubic meters per day respectively.
In 2018, Ukrnafta posted UAH 6.628 billion of net profit against UAH 101.771 million of profit for 2017.

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