Russian gas producer OAO Novatek (NVTK.RS) Monday said its natural gas output in the third quarter rose 58% from a year earlier to 13.45 billion cubic meters.
Russian gas producer OAO Novatek (NVTK.RS) Monday said its natural gas
output in the third quarter rose 58% from a year earlier to 13.45 billion cubic
meters.
The production of liquid hydrocarbons, including oil and gas condensate, rose
12% to 998,000 metric tons, Novatek said.
The company said in February it expects total output in 2011 to grow between
12% and 15%.
The nine-month production of gas is up 45% from the previous year to 39.01
billion cubic meters, while the output of liquid hydrocarbons is up 16% to 3.6
million tons.
Novatek, part-owned by
France
's
Total SA (TOT), is
Russia
's
second largest natural gas producer.
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