Ukraine cuts oil output by 6.3% in H1

REUTERS

The country's oil output in June 2017 alone decreased by 5.1% y-o-y, to 123,100 tonnes.

Read alsoUkrnafta submits new bailout plan to State Fiscal Service for approvalAs UNIAN reported earlier, oil production in Ukraine in 2016 shrank by 10.9% y-o-y, to 1.612 million tonnes.

Ukrgazvydobuvannya and Ukrnafta, the subsidiaries of NJSC Naftogaz of Ukraine, are Ukraine's largest oil and gas producer. Naftogaz owns a controlling stake of Ukrnafta.