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Production

In 2020, NOVATEK’s hydrocarbon production totaled 608.2 million barrels of oil equivalent (boe), including 77.37 billion cubic meters (bcm) of natural gas and 12,237 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in total hydrocarbons produced by 18.3 million boe, or by 3.1% as compared with the twelve months 2019

 

NOVATEK’s hydrocarbon production including share in production of joint ventures

 

 
2020
2019
Change
Natural gas, bcm
202077.37
201974.70
Change3,6%
Liquids, thousand tons
202012,237
201912,148
Change0,7%
Total hydrocarbons, mln boe
2020608.2
2019589.9
Change3.1%
Total hydrocarbons, mln boe per day
20201.66
20191.62
Change2.8%
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).