Novatek increased extraction volume by 1.5% in 2014

The company’s production in 2014 made up 62.13 bln cubic m of gas and 6.03 mln tons of liquid hydrocarbons.

In Q4 2014 the company’s production made up 16.27 bln cubic m of gas and 1.76 mln tons of gas condensate and oil.

Compared to 2013, the natural gas extraction rose 0.91 bln cubic m (+1.5%), liquid hydrocarbons extraction rose 1.28 mln tons (+27%).

The volume of processing of deethanized  gas condensate at the Purovsky condensate processing plant in Q3 made up 2.08 mln tons (+58.8%), in 2014 – 6.6 mln tons (+35.7%).

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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