RussNeft says rises oil output by 3.4% to 6.91 mln tns in 2022

MOSCOW, Jan 9 (PRIME) -- Russian oil company RussNeft increased oil production by 3.4% to 6.91 million tonnes in 2022, the company said in a statement on Monday.

Natural gas output of the company rose by 5.4% up to 295 million cubic meters.

The company has put 39 million tonnes of recoverable oil reserves on its books in 2022, increasing its resource base of oil to 626 million tonnes.

Investment amounted to about 26 billion rubles in the period, earnings before interest, taxes, depreciation and amortization (EBITDA) to about 54 billion rubles.

(70.3375 rubles – U.S. $1)

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