Compared with the same period in 2018, Petrom’s hydrocarbon production decreased by 4,000 boe/day.
Crude oil production stood at 72,000 boe/day in the fourth quarter of 2019, similar with the level recorded in the fourth quarter of 2018, while its natural gas production stood at 80,000 boe/day from 84,000 boe/day in the fourth quarter of 2018.
Its total hydrocarbon sales volume was 13.2 million boe in the fourth quarter of 2019, compared with 13.3 million boe in the same period a year ago.
The average Brent price was $63/bbl in the fourth quarter of 2019, from $68.81 in the same period in 2018, while the average Urals price was $62.80/bbl, from $68.33 in the fourth quarter of 2018.
OMV Petrom’s total refined product sales amounted to 1.41 million tons in the third fourth of 2019, lower than 1.49 million tons in the third quarter of 2019 and higher than 1.35 million tons in the fourth quarter of 2018.
Gas sales volumes to third parties reached 17.11 TWh in the fourth quarter of 2019, higher than 11.22 TWh in the third quarter of 2019 and 9.74 TWh in the fourth quarter of 2018.
OMV Petrom said its net electricity output stood at 1.26 TWh in the fourth quarter of 2019, from 1.48 TWh in the same period in 2018.