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Novatek increased gas production by 2.2% in first half of 2016

July 08, 14:17 UTC+3
Production of liquid hydrocarbons (gas condensate and oil) surged 51% to 6.3 mln tonnes
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MOSCOW, July 8. /TASS/. Novatek’s natural gas production amounted to 33.8 bln cubic meters in the first half of 2016 and grew 2.2% year-on-year, the Russian gas producer said on Friday.

Production of liquid hydrocarbons (gas condensate and oil) surged 51% to 6.3 mln tonnes, the company said.

Deethanized gas condensate processing surged 17% year-on-year to 6.3 mln tonnes, the company said. Stable gas condensate processing grew by 3% year-on-year to 3.5 mln tonnes, Novatek reported.

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