Ukrnafta increases gas production in 2024

In 2024, Ukraine's largest oil and gas extraction company, Ukrnafta, significantly improved its production indicators. Gas extraction volume rose by 6.5%, reaching 1.170 billion cubic metres.

Successes in oil extraction

In addition to the increase in gas production, the enterprise also extracted 1.418 million tonnes of oil. These results indicate the company's stable operations despite challenging external circumstances.

Plans for 2025

In 2025, Ukrnafta will continue to develop its capacities. The company's management intends to actively drill new wells, modernise equipment, and implement advanced methods to increase extraction volumes.

Overcoming difficulties

Company Director Serhiy Koretskyi noted that the key achievement of 2024 was not only compensating for the natural decline in extraction volumes but also achieving growth, despite difficult conditions.

Periodic power outages, which complicated mechanised oil extraction, did not become an obstacle to the successful fulfilment of plans.

Ukrnafta demonstrates how competent resource management and the implementation of innovations can ensure growth in a complex economic and energy environment.