NOVATEK increased gas production 1.5% in 2014

NOVATEK increased gas production by 1.5% to 62.13 billion cubic meters, liquid hydrocarbons – by 27% to 6.035 million tons in 2014, Vesti Economiki writes.

They say in the company the withdrawal of a share in OJSC “Sibneftegas” in late 2013 has influenced natural gas production growth. Exclusive of this factor, the commercial output of natural gas increased 9.6% in Q4, 2014 year-on-year and 11.3% in 2014.

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