PAO NOVATEK reported preliminary operating results for the twelve months ended 31 December 2018. In 2018, the company's hydrocarbon production totaled 548.4 million barrels of oil equivalent (boe) against 513.3 million barrels of oil equivalent produced in the same period last year. Natural gas production was 68.81 billion cubic meters (bcm) against 63.40 billion cubic meters produced in the same period last year. Production of liquids (gas condensate and crude oil) was 11,800,000 tons against 11,774,000 reported last year.