Production
In 2022, NOVATEK’s hydrocarbon production totaled 638.9 million barrels of oil equivalent (boe), including 82.14 billion cubic meters (bcm) of natural gas and 11.9 million tons of liquids (gas condensate and crude oil), resulting in an increase in total hydrocarbons produced by 12.6 million boe, or by 2.0% as compared with the twelve months 2021.
NOVATEK’s hydrocarbon production including share in production of joint ventures
2022
2021
Change
Natural gas, bcm
202282.14
202179.89
Change2.8%
Liquids hydrocarbons, mln tons
202211.94
202112.30
Change-2.9%
Total hydrocarbons, mln boe
2022638.9
2021626.3
Change2.0%
Total hydrocarbons, mln boe per day
20211.75
20201.72
Change2.0%
Production of natural gas, bcm
Production of liquid
hydrocarbons, mmt
hydrocarbons, mmt
Since 2016 natural gas production includes gas volumes consumed in oil and gas production and development activities (primarily, as fuel gas).