More than 1 billion cubic meters of gas produced in Ukraine during 2012

11:15 04.01.2013
Ukraine

State Joint Stock Company «Chernomorneftegaz» in 2012 compared with 2011, increased production of natural gas in the Black and Azov seas by 11.2% to 1, 174 billion cubic meters. Reports UNN according to the press service of the company.

«Annual Plan 2012, approved at the level of 1 billion 171 million cubic meters, was exceeded by 3 million cubic meters. Thus, the company continues to sell its product on time program to a three-fold increase in gas production to 2016 and exit 2015 to three billion cubic meters of annual production, » – said in a statement.

Active exploration of the shelf of the Black Sea «Chernomorneftegaz» is from 2011. For two years, the long-term decline in production is stopped, began to increase.

Recall that in January-November 2012, Ukraine has increased the volume of gas (natural and associated) by 0.6%, or 101.9 million cubic meters compared to the corresponding period of 2011 year, to 18 billion 461.2 million cubic meters.

Adapted from UNN

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