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2009 September 28   11:04

Gas output in Yamal-Nenets down 23% in Jan-Aug, oil - down 10%

Total  gas  output  in  the Yamal-Nenets Autonomous District in January-August 2009 decreased by 23% year-on-year  to  297.6  billion  cubic  meters,  the district's natural resources regulation department told Interfax.

Total  oil production in the eight months declined by 10% to 18.204 million  tonnes while condensate output remained at last years' level at 6.256 million tonnes.

It was earlier reported that gas output in Yamal-Nenets is forecast at 593.5  bcm  in  2009,  which is an increase of 3% from last year. Oil production  is  forecast to decrease by 10% to 26.9 million tonnes while condensate  is  expected  to  go up 18% to 11.1 million tonnes. Owing to

changes  in  the  economic  situation  the  forecast will be revised and adjusted at the start of the fourth quarter.

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