MOSCOW, October 14. /TASS/. Russian gas producer Novatek increased its natural gas output by 3.4% year-on-year to 64.8 billion cubic meters (bcm) in January-September. Production rose by 4.9% in the third quarter, reaching 21.12 bcm, the company reported.
Total hydrocarbon production grew by 3.3% to 514.4 million barrels of oil equivalent (boe), including 10.71 million tonnes of liquid hydrocarbons (up 2.6%). In the third quarter, hydrocarbon production totaled 168.2 million boe--an increase of 4.2% compared to the previous year.
"In the third quarter, hydrocarbon production amounted to 168.2 million barrels of oil equivalent, comprising 21.12 bcm of natural gas and 3.56 million tonnes of liquid hydrocarbons (gas condensate and oil). Compared to the third quarter of 2025, hydrocarbon production increased by 6.8 million boe, or 4.2%," the statement says.
Total natural gas sales volume, including LNG, amounted to 55.2 bcm over the nine-month period, down 1.1% from the previous year's figure. At the same time, sales in the third quarter fell by 3.1% to 15.8 billion cubic meters.
As of September 30, 2026, the company held 1.5 billion cubic meters of gas (including LNG) and 0.9 million tonnes of stable gas condensate and its derivatives in its inventory.