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Production

In the first quarter 2021, NOVATEK’s hydrocarbon production totaled 158.1  million barrels of oil equivalent (boe), including 20.15 billion cubic meters (bcm) of natural gas and 3,129 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in total hydrocarbons produced by 7.9 million boe, or by 5.3% as compared with the first quarter 2020.

 
NOVATEK’s hydrocarbon production including share in production of joint ventures
 
 
1Q 2021
1Q 2020
Change
Natural gas, bcm
1Q 202120.15
1Q 202019.08
Change5,6%
Liquids, thousand tons
1Q 20213,129
1Q 20203,048
Change2,7%
Total hydrocarbons, mln boe
1Q 2021158.1
1Q 2020150.2
Change5.3%
Total hydrocarbons, mln boe per day
1Q 20211.76
1Q 20201.65
Change6.4%
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).