Novatek’s natural gas production amounted to 33.8 billion cubic meters in the first half of 2016 and grew by 2.2% YoY, the Russian gas producer said.
Production of liquid hydrocarbons (gas condensate and oil) surged by 51% to 6.3 million tons. Deethanized gas condensate processing surged by 17% YoY, to 6.3 million tons. Stable gas condensate processing grew by 3% YoY, to 3.5 million tons, Novatek reported. (TASS/Business World Magazine)