In January 2024, production exceeded the January figures from the previous year
In January 2024, production exceeded the January figures from the previous year

In January 2024, Ukrnafta exceeded the production figures of January from the previous year.

The company produced 121.08 thousand tons of oil and condensate and 100.91 million cubic meters of gas.

If we consider the oil equivalent of hydrocarbons, it amounts to 207.87 thousand tons.

The figure for the corresponding period, the first month of 2023, stood at 120.81 thousand tons of oil and condensate and 93.14 million cubic meters of gas, which is 200.92 thousand tons in oil equivalent.

"I am grateful to the company's specialists who have been consistently increasing the production of Ukrainian resources for the second year in a row," says Sergii Koretskyi, CEO at UKRNAFTA. - "We continue to drill new wells, implement production stimulation measures and upgrade old equipment to align with API standards.

As a reminder, in 2023 Ukrnafta produced 1.41 million tons of oil and condensate and 1.1 billion cubic meters of natural and oil gas, reflecting an increase of +3% and +6%, respectively, compared to the 2022 production figures (1.37 million tons of oil, 1.037 billion cubic meters of gas).