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Oil & Condensate Down 1.8% yoy in 9M, Gas Output Decreased by 0.9%

Oil & Condensate Down 1.8% yoy in 9M, Gas Output Decreased by 0.9%

10 October 2008

According to the Ministry of Fuel and Energy, oil & condensate output in Ukraine decreased by 1.8% yoy, to 3.3 mln mt (25.0 mln bbl) in January-September. Over the same period, gas production decreased 0.9% to 15.4 bcm. During the period, Ukrnafta (UNAF: SELL) decreased oil & condensate output by 0.9%, while its gas production was down 3.3%.

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