NOVATEK increased gas production by almost 7% in the 1st half of 2021%

Moscow, July 12 - Neftegaz.RU. Novatek’s hydrocarbon production in the 1^st half 2021 totaled:

• 314.7 million boe
• including 40.11 bcm of natural gas and 6.2 million tons of liquids
• resulting in an increase in total hydrocarbons produced by 19.2 million boe or by 6.5% as compared to the 1^st half 2020

In the 1^st half 2021, the privately-held Novatek processed 3.1 and 6.2 million tons of unstable gas condensate at the Purovsky Processing Plant, representing an increase in processed volumes by 11.2% and 11.0%, as compared with the corresponding periods in 2020.

Novatek processed 1.8 and 3.6 million tons of stable gas condensate at the Ust-Luga Complex, which was 0.3% and 0.5% lower as compared with the corresponding periods in 2020.