July 13 (LNGJ) - Novatek, the Russian natural gas company and operator of the Yamal LNG export plant in northern Siberia, said preliminary second-quarter 2020 natural gas sales volumes, including LNG, came to 16.90 billion cubic metres, a drop of 9.9 percent compared with the same three months of 2019.
Natural gas volumes sold in the Russian Federation in the second quarter totaled 14.43 Bcm, whereas LNG volumes sold on international markets amounted to 2.47 Bcm. “The decrease in sales volumes on international markets was due to the decrease of Yamal LNG shareholders’ share, including Novatek’s share, of LNG volumes sold on the spot market, and a corresponding increase of Yamal LNG direct sales under long-term contracts,” explained the Russian company.
