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

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