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OAO NGK Slavneft produced 19.6 mln tons of oil in 2008

30.01.2009

In 2008 OAO NGK Slavneft Subsidiaries produced 19.6 mln tons of oil and 899 mln cubic meters of gas. As against 2007, the oil production volume decreased by 6.4%, the gas production volume – by 3.2%. Herewith, the oil production plan at the year end was exceeded by 0.5%, the gas production plan – by 15.5%.
Over the accounting period the volume of associated gas utilization increased up to 69.5% what exceeded the Business Plan indicators by 4.8%. As compared to the previous year, the increment in associated gas utilization made 2.1%.
The idle well stock reduced to 12.4% of the Company’s oil well stock what is 3.6% lower than the relevant average indicator in Russia (16%).
The Company’s overall volume of oil processing increased by 4.5% as against 2007 and amounted to 24.4 mln tons. OAO Slavneft-Yaroslavnefteorgsintez (YANOS) processed 13.5 mln tons of raw hydrocarbons (6.9% growth), OAO Mozyr Refinery – 10.9 mln tons of raw hydrocarbons (2.4% growth).
Over the accounting period the Company’s Refineries produced 4.4 mln tons of motor gasoline what exceeded the 2007 level by 2.1%. Mozyr Refinery produced 2.1 mln tons of motor gasoline (4.6% growth), YANOS – 2.3 mln tons (0.2% decline). The decrease in this oil product output at YANOS was caused by the planned shutdown of the Units for production of commercial gasoline high-octane number component for overhaul in March – April, 2008.

 

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