By Jaime Llinares Taboada

Novatek said Monday that its production declined in the third quarter compared with the same period of the previous year.

The Russian gas company reported that its total hydrocarbons production averaged 1.63 million barrels of oil equivalent a day in the third quarter, which was 0.5% lower than in the same period a year earlier.

Natural gas output dropped 0.7% to 19.00 billion cubic meters.

However, total hydrocarbons production for the nine months through September remained 4.5% above the same period of the prior year, at 1.70 million barrels a day.

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

(END) Dow Jones Newswires

10-11-21 1046ET