Russia's biggest independent gas producer OAO Novatek (NVTK.RS) produced a total of 219 barrels of oil equivalent last year, while adding 504 million barrels of oil equivalent to its reserves, the company said Monday.
On Dec. 31, Novatek's reserves stood at 4.96 billion barrels of oil equivalent, while gas reserves totaled 690 billion cubic meters calculated under SEC standards, the company said.