By Jaime Llinares Taboada


Novatek said Tuesday that it increased its oil and gas reserves by 0.3% during 2021.

The Russian company reported year-end proven hydrocarbon reserves of 16.41 billion barrels of oil equivalent, including 2.261 trillion cubic meters of gas.

This was up from 16.37 billion BOE and 2.244 Tcm a year earlier.


Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT


(END) Dow Jones Newswires

01-18-22 0346ET