Domestic crude oil, natural gas production falls in March

Domestic crude oil, natural gas production falls in March

Domestic production of crude oil and natural gas fell sharply in March 2016, according to data released

by the Ministry for Petroleum and Natural Gas.

Crude oil production in the country fell 5.09 per cent to 3.062 million tonnes as compared to 3.226

million tonnes in the same month last year, while natural gas production fell 10.48 per cent to 2.539

billion cubic metres as compared to 2.837 billion cubic metres in the same month last year.

Despite the fall in domestic crude oil production, local refineries processed more crude during the

month. Crude throughput at domestic refineries was 10.81 per cent higher during March at 21.383

million tonnes as compared to 19.296 million tonnes in the same month last year.

https://www.hellenicshippingnews.com/domestic-crude-oil-natural-gas-production-falls-in-march/

Share Button