Ukraine reduces oil production by 12% in three months

REUTERS

Oil production in March compared with February 2016 increased by 4.6% up to 140,000 tonnes. Compared to March 2015, oil production fell by 13.9%.

As UNIAN reported earlier, oil production in Ukraine in 2015 decreased by 11.8% to 1.801 million tonnes compared to 2014.

Read alsoUkraine boosts gas productionThe largest oil and gas companies in Ukraine are the subsidiaries of NJSC Naftogaz of Ukraine – Ukrgazvydobuvannia and Ukrnafta, in which Naftogaz owns a controlling stake.