Ukraine Ups Q1 Oil Production 4%
OREANDA-NEWS. Ukraine raised oil production 4% year- on-year in the first quarter of 2007 to 838,2000 tonnes, the Ukrainian Fuel and Energy Ministry told Interfax.
Gas condensate production fell 8,2% to 296,100 tonnes.
Naftogaz Ukrayiny increased oil production 2,8% in the quarter to 748,600 tonnes, but reduced condensate production 8,3% to 274,000 tones.
Other producers boosted oil output 15,2% to 89,600 tones but reduced condensate output 7,5% to 22,100 tones.
Ukraine increased oil production 5,4% in 2006 to 3.324 million tonnes but reduced condensate production 1,1% to 1.191 million tones.
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