Russia's Novatek Sees 2016 Liquids Production Up 30%



Reuters

MOSCOW, March 22 (Reuters) - Russia's No.2 natural gas producer Novatek expects its production of crude oil and gas condensate to increase by 30 percent this year, Chief Executive Leonid Mikhelson told Rossiya-24 TV channel.

In December, Novatek started commercial production at the Yarudeyskoye oil field in northern Russia.

(Reporting by Vladimir Soldatkin; editing by Maria Kiselyova)



WHAT DO YOU THINK?


Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

RELATED COMPANIES