Naftogaz Group increases gas production volumes by more than 7% since early 2024

In January-August 2024, Naftogaz Group increased gas production volumes by more than 7% compared to the same period last year.

The relevant statement was made by Naftogaz Group’s press service, an Ukrinform correspondent reports.

“Since the beginning of 2024, Naftogaz Group’s companies, such as Ukrgasvydobuvannya JSC and Ukrnafta PJSC, have produced 9.8 billion cubic meters of commercial-grade gas, which is more than 7% higher compared to the same period last year,” the report states.

Currently, the gas production volumes exceed the operating plan by more than 2%.

“We are not giving up on our goal to start using only domestically-produced gas to meet the needs of Ukrainians. Ukrgasvydobuvannya’s professionals have put into service 52 wells, of which 17 are high-rate wells producing more than 100 thousand cubic meters of gas daily,” Naftogaz Group Board Chairman & CEO Oleksiy Chernyshov noted.

A reminder that, in January-August 2024, Naftogaz Group transferred UAH 60.8 billion in tax payments to Ukraine’s state and local budgets.

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