Rosneft says its hydrocarbon production continued to grow in Q1 2016. The level of production reached 5.21 mmboed (64.0 mmtoe), up by 0.2% against Q1 2015 and by 2.5% over the last two quarters.
Production drilling grew by 52% with maintaining in-house OFS share above 50%.
Gas production grew by 6% to 16.72 bcm against Q1 2015.
Refining throughput optimization with refining depth up to 68.9%.
Euro-5 motor fuel production increased by 1.7 times against Q1 2015.
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.