Volga Gas plc reported production results for the month and year to date ended May 31, 2018. For the month, the company announced total production of 5,919 boepd.

For the year to date, the company announced total production of 4,402 boepd against 6,947 boepd a year ago. The reduced production compared to the equivalent period in 2017 was due primarily to lower capacity utilisation during implementation and optimisation of Redox gas sweetening and the presence of increased formation water during gas production from certain of the production wells on the Vostochny Makarovskoye ("VM") field.

The company provides production guidance for the coming months. For the period, the company expects to produce on average 3,800 boepd of gas and condensate, in line with earlier expectations, resulting in Group production of approximately 4,500 boe per day.