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Production

In 2021, NOVATEK’s hydrocarbon production totaled 626.0 million barrels of oil equivalent (boe), including 79.89 billion cubic meters (bcm) of natural gas and 12.3 million tons of liquids (gas condensate and crude oil), resulting in an increase in total hydrocarbons produced by 17.8 million boe, or by 2.9% as compared with the twelve months 2020.

 
NOVATEK’s hydrocarbon production including share in production of joint ventures
 
 
2021
2020
Change
Natural gas, bcm
202179.89
202077.37
Change3.3%
Liquids, thousand tons
202112 299
202012 237
Change0,5%
Total hydrocarbons, mln boe
2021626.0
2020608.2
Change2.9%
Total hydrocarbons, mln boe per day
20211.72
20201.66
Change3.2%
Production of natural gas, bcm
Production of liquid
hydrocarbons, mmt

Since 2016 natural gas production includes gas volumes consumed in oil and gas production and development activities (primarily, as fuel gas).