Hydrocarbon production volumes of Gazprom Neft up 22.2% Y-o-Y to 436.42 in 9M 2015
Gazprom Neft has published its consolidated financial results for 9M 2015, prepared in accordance with International Financial Reporting Standards (IFRS).
Hydrocarbon production volumes in 9M 2015 rose by 22.2% Y-o-Y to 436.42 MMboe (58.76 MMtoe) as a result of continued growth at SeverEnergia (Arktikgaz) and Orenburg, increased crude production at Prirazlomnoye and Novoportovskoye fields, receiving operating control of Northgas, and effective implementation of geotechnological measures at existing fields.
The total refining throughput for 9M 2015 was 32.87 million tones, down 1.7%.
Sales via premium channels remained at the previous year's level and amounted to 19.40 million tones, down 0.2%.
Gazprom Neft is a vertically integrated oil company primarily engaged in oil and gas exploration and production, refining, and the production and sale of petroleum products.