"Ukrnafta2 increased gas production by 6.5% or 1.170 billion cubic metres against 1.097 billion cubic metres.

Oil production increased by 0.6%, to 1.418 million tons against 1.410 million tons.

2024 production growth was 3% in oil equivalent. This equals to additional 70.5 thousand tons of hydrocarbons or 2.42 million tons in 2024 against 2.35 million tons in 2023.

"Despite long power outages that limited artificial oil lift, the Company managed not only offset the natural decline but ensure an increase in oil and gas volumes, Director of PJSC "Ukrnafta" Sergii Koretskyi noted. - I am grateful to the Company's team that did the impossible. I am grateful for such results for the second year in a row."

In 2025, Ukrnafta will continue to drill new wells, upgrade equipment, replace Soviet equipment with advanced modern units from world leaders, and intensify production.