By Sabela Ojea

Novatek reported on Monday a rise in hydrocarbon produced, unstable gas condensate and petroleum product sales volumes for the third quarter of 2020, as well as a reduction in natural gas sales volumes.

The Russian natural-gas producer said its hydrocarbon production rose 3.6% to 3,024 thousand tons of liquids compared with the third quarter of 2019.

The London-listed company also said it processed 2,939 thousands tons of unstable gas condensate at the Purovsky Processing plant, which represents a 12% rise compared with the year-earlier period.

Natural-gas sales volumes, on the other hand, fell 0.8% to 14.36 billion cubic meters of natural gas, it added, noting that petroleum product sales volumes reached 1,348 thousand tons.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

10-12-20 1247ET