PAO NOVATEK reported preliminary operating results for the twelve months ended December 31, 2021. In 2021, the company's hydrocarbon production totaled 626.0 million barrels of oil equivalent (boe), including 79.89 billion cubic meters (bcm) of natural gas and 12.3 million tons of liquids (gas condensate and crude oil), resulting in an increase in total hydrocarbons produced by 17.8 million boe, or by 2.9% as compared with the twelve months 2020. Preliminary 2021 total natural gas sales volumes, including volumes of LNG sold, aggregated 75.81 bcm, representing an increase of 0.3% as compared with the corresponding volumes in 2020.

The natural gas volumes sold in the Russian Federation were 67.87 bcm, representing an increase of 1.8% as compared with the prior year period, whereas LNG volumes sold on international markets amounted to 7.94 bcm, representing a decline of 11.1%. The decrease attributable to volumes sold on international markets was mainly due to the increase in Yamal LNG direct sales under long-term contracts and a corresponding decrease in Yamal LNG shareholders' share, including company's share, of LNG volumes sold on the spot market.