7 Jun 2011 15:18

Naftogaz producer boosts gas output 0.4% in Jan-May; oil up 6%

KYIV. June 7 (Interfax) - Ukrgasproduction, a Naftogaz Ukrainy production subsidiary edged up gas output 0.4% in January-May year-on-year to 6.278 billion cubic meters (bcm).

Gas production in May rose 0.6% to 1.26 bcm, Ukrgasproduction said.

Oil and gas condensate production rose 1% to 296,000 tonnes in the five months. Oil production alone totaled 67,500 tonnes, 6% more.

Production was higher thanks to the completion of 28 new wells, including 23 gas wells and five oil wells, the company said.

Ukgasproduction produced 14.289 bcm of gas in 2010, 2.7% less. Oil production declined 1.7% to 153,600 tonnes and condensate production fell 9.2% to 532,800 tonnes.