Novatek boosts gas production in Q1

Novatek increased its gas production in Q1 2018 by 2.2% year on year.
By Staff reporter 11 April 2018 0 30367

Novatek increased its gas production in Q1 2018 by 2.2% year on year, to 16.51 billion cubic metres, the company said on Tuesday.

Novatek revised its output figure for Q1 2017 to 16.15 bcm, up from the 15.72 bcm it stated last year, to include gas consumed in oil and gas production.

The company increased gas and LNG sales by 8.0% in Q1 2018, to 20.26 bcm, while international LNG sales reached 960 million cubic metres.

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