May 15, 2020 / 7:34 AM / 12 days ago

Russia's Rosneft says first quarter oil output down 2.2% year on year

FILE PHOTO: An employee wears a helmet with the logo of Rosneft at the Achinsk refinery, which was acquired by Rosneft company in 2007 and currently processes West Siberian crude delivered via the Transneft pipeline system, in Krasnoyarsk Region, Russia July 23, 2018. REUTERS/Ilya Naymushin

MOSCOW (Reuters) - Russian energy giant Rosneft said on Friday its average daily crude oil and gas condensate production in the first quarter fell by 2.2% year on year to 4.64 million barrels due to a global deal to curb output.

Its first-quarter hydrocarbon production reached 5.75 million barrels of oil equivalent per day, down 2.5% from the same period a year earlier, the company said.

Rosneft also said its natural gas production was down by 2.9% and amounted to 16.63 billion cubic metres in the January-March period.

Reporting by Olesya Astakhova; Writing by Polina Devitt; Editing by Edmund Blair

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