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Russia's Novatek produced 80 bcm of natural gas in 2021

Novatek produced 626 Mboe of hydrocarbon in 2021 (+2.9% compared to 2020), including nearly 80 bcm of natural gas and 12.3 Mt of liquids (gas condensate and crude oil). The company sold 76 bcm of natural gas in 2021 (+0.3% compared to 2020), including 68 bcm in Russia (+1.8%) and 7.9 bcm on international markets (-11%). 12.8 Mt of unstable gas condensate were processed at the Purovsky processing plant in 2021 (+8.8%) and 7 Mt of stable gas condensate at the Ust-Luga complex (-0.7%). In addition, Novatek sold nearly 6.8 Mt of petroleum products in 2021, including 4.4 Mt of naphtha, 1 Mt of jet juel and 1.35 Mt of fuel oil and gasoil. Finally, the company sold 3.9 Mt of crude oil and 2.3 Mt of stable gas condensate.

 

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