Natural gas sales of Russian gas producer and LNG exporter Novatek dropped in the second quarter and first half of this year compared to the year-ago periods, the company said in a preliminary operations report on Monday. Preliminary data on total natural gas sales volumes, including LNG volumes sold, fell by 2.6% year-on-year to 17.83 billion cubic meters (bcm) in the second quarter of 2024. First-half sales dropped by 3.3% and stood at 39.30 bcm, Novatek said in a press release. However, the company’s oil…
Novatek’s LNG Ambitions Hindered by Geopolitical Tensions
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