Analysts appreciate Rosneft’s accounting for Q3 2013 by ISA
Edited by Rhod Mackenzie / 2013-10-30 03:59:56
Rosneft has presented its accounting for Q3 2013 by ISA. Within the period, Rosneft increased hydrocarbons production by 2% to 4.884 million barrels a day versus Q2. Growth in the indices is presupposed by the growth in gas extraction by 16.2% to 10.82 billion cubic m due to the consolidation of Itera’s assets.
Liquid hydrocarbons production increased by 0.2% to 4.185 million barrels a day. Oil processing at the Russian and foreign oil refineries of Rosneft was 23.61 million tons (+10.2%). Growth in oil processing is explained by the launch of the new utility for primary oil processing at Tuapse oil refinery.
