From January to July 2019, Ukrgasvydobuvannya has transferred 8.02 bln. cub.m of gas for the needs of the population

Aug 2, 2019 | Category: Official
From January to July 2019, Ukrgasvydobuvannya has transferred 8.02 bln. cub.m of gas for the needs of the population

According to the operational information, the volumes of commercial gas produced by JSC Ukrgasvydobuvannya have made 8.02 bln. cub.m of natural gas from January to July 2019.

Note that based on the review of calculation standards of gas flow and loss, in July, the Company reduced the production and process gas flow by 50 mln. cub.m as compared to the indicators of July 2018.

During July 2019, the Company transferred 1.14 bln.cub.m of natural gas for the needs of the population.

Remark that in June 2019, Andrew Favorov, the Director for Integrated Gas Business, Naftogaz Ukraine, presented the updated hydrocarbon exploration and production strategy according to which the Company focused on the economically reasonable production projects that provided for an increase in the commercial gas volume and capital raising to finance the investment projects.