OREANDA-NEWS. January 14, 2010. According to the press service release of the Fuel and Energy Ministry, the volume of crude oil extracted by the Ukrnafta decreased by 231,600 tons or 7.58% to 2,825,600 tons in 2009, compared with the 2008 performance.

Millennium Capital: a slump in the oil extraction output by Ukrnafta is negative for the Company. Millennium Capital supposes that the expectations about Ukrnafta’s negative financial performance in 2009 and a lingering corporate conflict between its main shareholders will make a dent in the Company’s attractiveness for investors.