“Rosneft” reduced oil production and liquid hydrocarbons 0.1%

In the first half of 2016, “Rosneft” reduced oil production and liquid hydrocarbons by 0.1% compared to the same period last year — up to 100,71 million tons, follows from a press release of the company. In the first half of 2015, the figure was 100,88 million tons.

At the same time, daily volume of hydrocarbon production in the first half of 2016 increased by 0.7% and made up 5.21 million b.N. e./day (barrels of oil equivalent) (in the first half of 2015 — of 5.17 million b.N. e./day).

Additionally, the increased rate of gas production in the first half of 2016, he 33.23 billion cubic meters, which is 6.9% above the level of the first half of 2015.

At the end of March 2016, the Agency Reuters with reference to Minister of natural resources and ecology Sergey Donskoy reported that “Rosneft” has informed his Department about the plans to reduce oil production. As told RBC a source in the company, the decline is projected at less than 1%.

By the end of 2015, “Rosneft” has shown growth in the production of hydrocarbons (down 1%.pdf). The volume of production made 254,2 million toe (tons of oil equivalent), or of 5.16 million b.N. e./day. (5.1 million b.N. e./day. in 2014).