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Gazprom neft group consolidated production for the first quarter of 2010 increased almost 10%

Consolidated production in the Gazprom neft group of companies increased 9.2 percent in the first quarter of 2010 and was 12.157 million tons.

 

Consolidated production in the Gazprom neft group of companies increased 9.2 percent in the first quarter of 2010 and was 12.157 million tons. The consolidated average daily production rate in the first quarter was over 135,000 tons, Oil and Gas Information Agency reports.


Significant increases were seen in Gazprom neft's overseas units – the Naftna Industrija Srbije (NIS) enterprise improved output in the first quarter 23.4 percent, producing 217,167 tons of curde. Since Gazprom became a shareholder in NIS, the average daily production rate at the enterprise has jumped 40 percent.


Gazprom neft reported that its subsidiaries also saw production rise. Leading the way was Gazpromneft-Khantos which increased production in the period 24.4 percent compared to the same period in 2009. Gazpromneft-Khantos produced 2.321 million tons of crude in the first quarter of 2010.

Source : Oil and Gas Information Agency