Novatek: 1H Gas Production Up 10.8%, Combined Liquids Up 59.3%

OAO NOVATEK reported today preliminary operating data for the second quarter and first half 2015.

In the second quarter 2015, NOVATEK’s marketable production totaled 16.89 billion cubic meters (bcm) of natural gas and 2,198 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in natural gas production by 1.65 bcm, or by 10.8%, and an increase in combined liquids production by 818 thousand tons, or by 59.3% as compared with the second quarter 2014.