14.10.2008, 10:51
NOVATEK Reported Preliminary Operating Data for 3Q 2008
OREANDA-NEWS On 14 October was announced, that NOVATEK reported preliminary production data for the third quarter and nine months 2008.
Gross production for the third quarter totaled 7.64 billion cubic meters of natural gas and 639 thousand tons of liquids (gas condensate and crude oil). Natural gas production increased by 1.63 billion cubic meters, or by 27.1%, and gross liquids production increased by 8 thousand tons, or by 1.2%, as compared with the corresponding gross production in the third quarter 2007.
In the first nine months of 2008, gross production for NOVATEK totaled 22.83 billion cubic meters of natural gas and 1.88 million tons of liquids. Natural gas production increased by 1.92 billion cubic meters, or by 9.2%, whereas gross liquids production increased by 36 thousand tons, or by 2.0% as compared with the corresponding gross production in the first nine months of 2007.
In the third quarter and first nine months of 2008, NOVATEK processed 558 and 1,624 thousand tons of unstable gas condensate at the Purovsky Gas Condensate Processing Plant (Purovsky Plant).
Six out of seven planned tanker shipments were dispatched for export in the third quarter of 2008. The unloading of one tanker was postponed for October delivery due to infrastructure damage at the Port Arthur (USA) terminal inflicted by Hurricane Ike.
Gross production for the third quarter totaled 7.64 billion cubic meters of natural gas and 639 thousand tons of liquids (gas condensate and crude oil). Natural gas production increased by 1.63 billion cubic meters, or by 27.1%, and gross liquids production increased by 8 thousand tons, or by 1.2%, as compared with the corresponding gross production in the third quarter 2007.
In the first nine months of 2008, gross production for NOVATEK totaled 22.83 billion cubic meters of natural gas and 1.88 million tons of liquids. Natural gas production increased by 1.92 billion cubic meters, or by 9.2%, whereas gross liquids production increased by 36 thousand tons, or by 2.0% as compared with the corresponding gross production in the first nine months of 2007.
In the third quarter and first nine months of 2008, NOVATEK processed 558 and 1,624 thousand tons of unstable gas condensate at the Purovsky Gas Condensate Processing Plant (Purovsky Plant).
Six out of seven planned tanker shipments were dispatched for export in the third quarter of 2008. The unloading of one tanker was postponed for October delivery due to infrastructure damage at the Port Arthur (USA) terminal inflicted by Hurricane Ike.
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