May 13, 2019 / 1:57 PM / 12 days ago

Rosneft says first-quarter oil output up 3.9 percent year on year

FILE PHOTO: A view shows a helmet with the logo of Rosneft company in Vung Tau, Vietnam April 27, 2018. REUTERS/Maxim Shemetov/File Photo

MOSCOW (Reuters) - Russian oil giant Rosneft said on Monday its average daily crude oil and gas condensate production in the first quarter rose by 3.9 percent year-on-year to 4.74 million barrels.

Its first-quarter hydrocarbon production reached 5.9 million barrels of oil equivalent per day, up 3.4 percent from the year-earlier period, the company said.

Rosneft also said its natural gas production was up by 1.5% and amounted to 17.12 billion cubic metres in the January-March period.

Reporting by Vladimir Soldatkin; Editing by Mark Potter

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