Rosneft’s average daily hydrocarbon production in 2021 increased by 4.9% YoY
In 2021, hydrocarbon production amounted to 1,819.5 mln boe
Rosneft says its average daily hydrocarbon production in 2021 increased by 4.9% year-on-year, to 4.99 mln boe.
In 2021, hydrocarbon production amounted to 1,819.5 mln boe (245.3 mln toe); liquids production amounted to 1,425.2 mln barrels (192.1 mln tonnes), average daily liquids production amounted to 3.91 mln barrels per day (+2.3%).
The production dynamics in the reporting period was contingent on the fulfillment of directives to ease production cuts under the OPEC+ Agreement as well the implementation of the asset optimization program held since the end of 2020.
In 2021, gas production increased by 3.1% YoY and amounted to 64.75 bln cubic meters. Average daily gas production reached 177.4 mln cubic meters per day.
Rosneft is the leader of Russia’s petroleum industry and the world’s largest publicly traded petroleum company. Rosneft activities include hydrocarbon exploration and production, upstream offshore projects, hydrocarbon refining, and crude oil, gas and product marketing in Russia and abroad.