RussNeft says reaches 95% level of APG utilization

MOSCOW, Mar 21 (PRIME) -- Russian oil company RussNeft has reached the targeted 95% level of associated petroleum gas (APG) utilization and plans to maintain it in the future, Alexei Malafeyev, deputy head of the company’s department for APG production and transportation, told PRIME on Tuesday.

“In 2016, we reached the level of APG utilization of 95% and plan to keep it at this level taking into account the development of new fields. The program has been submitted to the Energy Ministry, it is assumed for a short period of 2017–2019 and is aimed at keeping the reached level of APG utilization,” he said.

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