OREANDA-NEWS. According to the results of 2019, oil and gas condensate production in Russia increased by 0.8%, to 560.2 million tons year-on-year, follows on Thursday from the data of the Central Dispatch Department (CDD) of the fuel and energy complex. In December 2019, production decreased by 1.7%, to 47.6 million tons.

According to international financial reporting standards (IFRS), in 2019, Rosneft increased oil production by 0.6% to 217.68 million tons (in December, a decrease of 1.8% to 18.5 million tons). Lukoil’s production in 2019 remained at the same level - 82.4 million tons (in December - minus 2.2%, up to 6.9 million tons). Surgutneftegas in 2019 reduced production by 0.2%, to 60.7 million tons (in December - a decrease of 1.4%, to 5.2 million tons). In 2019, Gazprom Neft produced 60.46 million tons, which is 0.3% higher than in 2018 (in December, the company reduced production by 1.8% to 4.9 million tons).

Tatneft’s production in 2019 increased by 0.9% to 29.79 million tons (in December, a decrease of 5.5% to 2.5 million tons). Russneft’s oil and condensate production reached 7.1 million tons in 2019, which is 0.2% more year-on-year (in December, a 1.7% decrease to 0.6 million tons). In 2019, Novatek's production increased by 1% - up to 11.9 million tons (in December - a decrease of 1.6%, to 0.9 million tons). The operators of production sharing agreements (PSA) increased production in 2019 by 5.4% to 14.7 million tons.