In the first half of 2026, NOVATEK increased hydrocarbon production by 2.8% to 346.2 million barrels of oil equivalent (boe). Including gas production amounted to 43.68 billion cubic meters, liquid hydrocarbons (gas condensate and oil) – 7.14 million tons. This is reported on NOVAK's website.
In the second quarter, hydrocarbon production reached 171.5 million boe, including 21.65 billion cubic meters of natural gas and 3.52 million tons of liquid hydrocarbons. Hydrocarbon production increased by 2.3% compared to the second quarter of 2025.
The volume of natural gas sales, including LNG, in the second quarter and the first half of 2026 amounted to 18.1 and 39.4 billion cubic meters, respectively, which is 0.4% more and 0.3% less than the same figures for the second quarter and the first half of 2025.
PJSC NOVATEK is an independent producer of natural gas in Russia. Established in 1994, the company is engaged in the exploration, production, processing and sale of gas and liquid hydrocarbons. NOVATEK's fields and licensed areas are located primarily in the Yamalo-Nenets Autonomous Okrug.
The profit attributable to the shareholders of PJSC NOVATEK in 2025 fell 2.7 times to 183.03 billion rubles from 493.49 billion rubles a year earlier. The normalized profit attributable to the shareholders of PJSC NOVATEK, excluding the effect of exchange differences, amounted to 207 billion rubles. compared to 553 billion rubles . Sales revenue decreased by 6.5% to 1.44 trillion rubles from 1.5 trillion rubles. As a result, tax deductions decreased by 16% or 48 billion rubles. Normalized EBITDA decreased by 14.7% to 859.3 billion rubles (1 trillion rubles).
