Rosneft 4Q Hydrocarbon Production Rose; Oil Refining Throughput Fell
February 19 2020 - 3:25AM
Dow Jones News
By Sabela Ojea
Rosneft Oil Co. said Wednesday that its average daily
hydrocarbon production rose for the fourth quarter, while its oil
refining throughput fell in the period.
The Russian oil company said that its average daily hydrocarbon
production for the fourth quarter amounted to 5.81 million barrels
of oil equivalent, up 1.3% compared with the third quarter.
The company also said that its average daily hydrocarbon
production reached 5.79 million barrels of oil equivalent,
virtually remaining at the 2018 level.
However, it said that its oil refining throughput declined for
both the fourth quarter and the whole year.
Its oil refining throughput constituted 28.3 million metric tons
for the last quarter of the year, a 5.8% decline from the last
quarter and a 4.1% decline on a year-on-year basis.
The total oil refining throughput for 2019 was 4.2% lower, or
110.2 million metric tons, than in 2018.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
February 19, 2020 03:10 ET (08:10 GMT)
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