9 Dec 2011 18:29

Ukrnafta oil output down 6.2% in Jan-Nov

KYIV. Dec 9 (Interfax) - JSC Ukrnafta, one of the top oil producers in Ukraine, produced 1.910 million tonnes of oil in January-November, 6.23% less year-on-year, the country's Energy and Coal Industry Ministry said.

Ukrnafta produced 175,400 tonnes of gas condensate (down 30.86% year-on-year) and 1.970 billion cubic meters (bcm) of gas (down 12.65%), including 1.522 bcm of natural gas (down 14.06%).

Ukrnafta produced 2.216 million tonnes of oil in 2010 (down 12.2% from 2009), 269,800 tonnes of gas condensate (down 10.6%), and 2.445 bcm of gas (down 17%).

National oil and gas company Naftogaz Ukrainy owns 50% plus one share of Ukrnafta, and a group of companies associated with the shareholders of PrivatBank about 42%.