Novatek reports Q3 gas output up 4.9% to 21.1 bcm
Novatek said it produced 21.1 billion cubic meters of gas in the third quarter, up 4.9% year on year. Gas condensate and crude output rose 1.3% to 3.56 million metric tons.
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what happened
Novatek, one of Russia's biggest liquefied natural gas (LNG) producers, reported its third-quarter results on Wednesday. The company said it extracted 21.1 billion cubic meters of natural gas over the period, 4.9% more than a year earlier.
Output of gas condensate and crude oil reached 3.56 million metric tons, up 1.3% from the same quarter last year. The figures are reported according to the Newsmetry API.
why it matters
For markets, the numbers are a useful gauge of operations at a major player in the LNG sector. Higher gas output alongside growing liquids production points to steady performance from the company's assets in the quarter, though the report itself includes no data on prices or export volumes.
instruments
sources
- Russia's Novatek says Q3 gas output was 21.1 bcm — Newsmetry API, 14 October 2026 at 07:00 UTC
- Russia's Novatek says Q3 gas output up 4.9% — Newsmetry API, 14 October 2026 at 07:30 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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