Supply & Demand

Novatek increases output by 3.2% in H1

Russia’s Novatek increased its gas output by 3.2% year on year in H1 2018, to 32.93 billion cubic metres
By Staff reporter 12 July 2018 0 31712

Russia’s Novatek increased its gas output by 3.2% year on year in H1 2018, to 32.93 billion cubic metres, the company said on Wednesday.

Production of condensate and oil declined by 0.4%, to 5.64 mt. The company had 1.2 bcm of gas in storage or transit as of 30 June.