By Sabela Ojea
Novatek reported on Monday a rise in hydrocarbon produced, unstable gas condensate and petroleum product sales volumes for the third quarter of 2020, as well as a reduction in natural gas sales volumes.
The Russian natural-gas producer said its hydrocarbon production rose 3.6% to 3,024 thousand tons of liquids compared with the third quarter of 2019.
The London-listed company also said it processed 2,939 thousands tons of unstable gas condensate at the Purovsky Processing plant, which represents a 12% rise compared with the year-earlier period.
Natural-gas sales volumes, on the other hand, fell 0.8% to 14.36 billion cubic meters of natural gas, it added, noting that petroleum product sales volumes reached 1,348 thousand tons.
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(END) Dow Jones Newswires