Naftogas Ukrainy produces roughly 700 thousand barrels of oil in Egypt

From the beginning of 2013, Naftogas Ukrainy produced roughly 700 thousand barrels of oil in Egypt, the company’s Deputy CEO V.Chuprun reported.

“Currently we produce 5.3 thousand barrels per day. We started to produce 5.2-5.3 thousand barrels per day in March approximately; before we produced 3.7 thousand barrels per day,” – he said.

He also reports that Nafrogas plans to increase the oil production in Egypt to 7.5 thousand barrels per day, when the issue of associated gas use is decided.

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