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RUSSNEFT INCREASES THE GAS PRODUCTION

03.10.2016 RAMBLER

Moscow. RussNeft has become the leader on the gas production growth rate in the 9 months of 2016 among the independent producers of the Russian Federation: its production has grown 28% up to 1.814 bcm.

In January-September 2016, the Russian independent gas producers increased the gas production 3.8% against the same period in 2015 – up to 171.738 bcm, according to the Central Dispatching Department of the Fuel Energy Complex (CDU TEK).

The major independent gas producer Novatek produced 51.23 bcm in the nine months period which is 0.1% above the amount in the same period of the last year. Rosneft increased its production 7.3% up to 48.881 bcm.

Lukoil’s production decreased 2.1% down to 13.728 bcm, the production of Surgutneftegaz increased 2.1% up to 7.261 bcm. Gazprom’s production increased 7.6% up to 23.848 bcm.

Tatneft increased its production 7.6% up to 727.7 million cubic meters, the growth of Bashneft’s production was 16.9% up to 517.1 million cubic meters. NNK reduced its production 3.1% down to 1.021 bcm in the reporting period.

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