OAO NOVATEK reported preliminary operating data for the third quarter and nine months 2015.

In the third quarter 2015, NOVATEK's marketable production totaled 17.06 billion cubic meters of natural gas and 2,346 thousand tons of liquids, resulting in an increase in natural gas production by 1.86 bcm, or by 12.2%, and an increase in combined liquids production by 813 thousand tons, or by 53.0% as compared with the third quarter 2014.

In the nine months period ended 30 September 2015, marketable production totaled 50.10 bcm of natural gas and 6,535 thousand tons of liquids, resulting in an increase in natural gas production by 4.24 bcm, or by 9.2%, and an increase in liquids production by 2,260 thousand tons, or by 52.9% as compared with the corresponding marketable production in the nine months 2014.

In the third quarter and nine months 2015, NOVATEK processed 3,275 and 8,698 thousand tons, respectively, of unstable gas condensate at the Purovsky Processing Plant, representing an increase in processed volumes by 92.4% and 92.5%, as compared with the respective periods in 2014.

Tags: OAO NOVATEK