Novatek reported on October 25, 2017, that in the 3rd quarter its total revenue amounted to RUB 130.7 billion.
For the Q3 the Russian natural gas producer made a profit of RUB 48 billion ($833.4 million) compared with RUB 44.2 billion in the same quarter a year earlier.
Normalized earnings (EBITDA), including its share in EBITDA of joint ventures, totalled RUB 59.3 billion, representing increases of 3.3% and 2.7%, respectively, as compared to the corresponding period in 2016.
In the 9 months of 2017, total revenue amounted to RUB 414.2 billion n and Normalized EBITDA, including its share in EBITDA of joint ventures, totalled RUB 183.5 billion, representing increases of 5.3% and 2.3%, respectively.
CEO of Novatek Leonid Mikhelson, said an increase in liquids and natural gas sales prices during the period offset the decline in its sales volumes.
