On Wednesday, Russia’s liquefied natural gas (LNG) producer Novatek said that its net income climbed in the third quarter of 2021.
In the period, Novatek’s net income rose to nearly RUB113 billion (USD1.6 billion) compared to just RUB13 billion (USD180 million) at the same time a year ago.
Total revenues jumped to RUB276.7 billion (USD3.93 billion) from RUB163.8 billion (USD2.33 billion) in the third quarter of 2020.