Oil & Condensate Production Decreases 1.9% yoy in 2007, Gas Output Down 1.2%
14 January 2008
The Ministry of Fuel and Energy reported that Ukraine’s oil & condensate output decreased by 1.9% yoy in 2007, to 4.4 mln mt (32.3 mln bbl) in 2007. Over the same period, gas production decreased 1.2% to 20.6 bcm (727.5 bcf). During the period, Ukrnafta (UNAF: U/R) decreased oil & condensate output by 0.9%, while its gas production tumbled 2.8%.
