PAO NOVATEK reported preliminary production results for the twelve months ended December 31, 2017. For the twelve months 2017, the company‘s hydrocarbons production totaled 513.3 million barrels of oil equivalent (boe), including 63.39 billion cubic meters (bcm) of natural gas and 11,772,000 tons of liquids (gas condensate and crude oil), resulting in a decrease in total hydrocarbons production by 33.7 million boe, or by 6.2% as compared with the twelve months 2016.

Based on preliminary data, natural gas sales volumes, including LNG, aggregated 65.01 bcm, which was 0.5% higher compared with the twelve months 2016. Preliminary 2017 petroleum product sales volumes aggregated 6,743,000 tons, including 4,102,000 tons of naphtha, 1,121,000 tons of jet fuel, and 1,520,000 tons of fuel oil and gasoil. Export sales of stable gas condensate amounted to 342,000 tons.