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Novatek 1Q Natural Gas Output Up 35% To 13.43 BCM

Novatek 1Q Natural Gas Output Up 35% To 13.43 BCM
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Πεμ, 7 Απριλίου 2011 - 17:53
Russia's second-biggest natural gas producer OAO Novatek (NVTK.RS), part-owned by France's Total SA (TOT), Thursday said its gas output in the first quarter rose 35% from a year earlier to 13.43 billion cubic meters.
Russia 's second-biggest natural gas producer OAO Novatek (NVTK.RS), part-owned by France 's Total SA (TOT), Thursday said its gas output in the first quarter rose 35% from a year earlier to 13.43 billion cubic meters.

The production of liquid hydrocarbons, including oil and gas condensate, rose 18% to 1.03 million metric tons, Novatek said.

The company said in February it expects total output to grow between 12% and 15% this year.

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