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Novatek gas output rises by 2.8% to 82.14 bcm in 2022

Novatek is Russia's largest independent natural gas producer

MOSCOW, January 16. /TASS/. Novatek natural gas production in 2022 increased by 2.8% compared to 2021 and reached 82.14 bln cubic meters, the company said on Monday.

At the same time, Novatek reduced production of liquid hydrocarbons (oil and gas condensate) by 2.9% to 11.94 mln tons. In general, the company's hydrocarbon output increased by 2% in the reporting period to 638.9 mln barrels of oil equivalent.

Novatek is Russia's largest independent natural gas producer. The company conducts exploration, production, and processing of gas and liquid hydrocarbons. The company’s 32 fields and license areas are located in the Yamalo-Nenets Autonomous Region.

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