Liquids Sales

NOVATEK sells liquid hydrocarbons (stable gas condensate, petroleum products, light hydrocarbons, LPG and crude oil) domestically and internationally. We strive to respond quickly to changing market conditions by optimizing the customer base and supply geography, as well as developing and maintaining our own logistics infrastructure.

In 2022, NOVATEK’s liquids sales volumes reached 15.9 mmt, or 4.2% less than in 2021.

High-value added petroleum products from the Ust-Luga Complex accounted for a 39% share of our overall liquids sales volumes. We sold a total of 6.2 mmt of stable gas condensate products, including 3.8 mmt of naphtha, 1.0 mmt of jet fuel and 1.4 mmt of fuel oil and gasoil. The majority of petroleum products (95%) were exported.

Export and domestic sales of stable gas condensate continued in 2022. Total stable gas condensate sales volumes amounted to 3.3 mmt.

A portion of light hydrocarbons produced at the Purovsky Plant is processed on tolling terms at SIBUR’s Tobolsk Petrochemical Complex into marketable LPG, which is then delivered to NOVATEK’s customer base, while the rest of the light hydrocarbons volumes sold to SIBUR. We sold 2.4 mmt of light hydrocarbons in 2022.

Marketable LPG sales volumes totaled 1.0 mmt in 2022, representing a 23% decrease compared to 2021.

The sale of LPG in small wholesale and retail was carried out through a network of filling stations and gas filling stations located mainly in the Chelyabinsk, Volgograd, Rostov and Astrakhan regions, the Republic of Bashkortostan. As of the end of the year, sales were carried out from 85 retail gas stations and 7 gas filling stations.

Sales of crude oil in 2022 totaled 2.9 mmt, which is 26% lower compared with 2021. We sold 66% of our crude oil volumes in the domestic market, with the remaining volumes exported to international markets.