Novatek reported a loss in the third quarter of the year of 7.4 billion roubles ($115 million) compared to a profit of 11 billion roubles in the third quarter of last year.
However, the company saw revenues increase to 117.3 billion roubles, compared to 84.7 billion roubles in the comparable period of last year, mainly due to an increase in liquids sales volumes and prices for natural gas sales.
Revenues