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Novatek reports IFRS net profit up 4.6% in 2024 / TotalEnergies unable to withdraw Novatek dividends from Russia / Novatek starts production at North-Chaselskoye field in Yamal-Nenets Autonomous Region / Novatek gas production up 1.2% in Q1 to 21.12 bcm / Russian LNG industry can become technologically independent by 2027-2028 -- Novatek

NOVATEK

Updated: 5d ago
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NOVATEK is a company. It is a private company in Tarko-Sale, Russia. It was founded in 2004 and its current CEO is Leonid Viktorovich Mikhelson. It is part of the Energy sector, specifically in the Oil, Gas & Consumable Fuels industry.

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NOVATEK is one of the companies in Russia, companies in Oil, Gas & Consumable Fuels, companies in Energy, companies in Tarko-Sale and 3,456,808 companies in our database.

Talking Points

  • ПАО НОВАТЭК
  • PAO NOVATEK is the largest independent natural gas producer in Russia, and in 2017, entered the global gas market by successfully launching the Yamal LNG project. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. The Company's upstream activities are concentrated ...
  • PAO NOVATEK, an independent oil and gas company, engages in the acquisition, exploration, development, production, processing, marketing, and export of natural gas and liquid hydrocarbons. The company principally holds interests in reserves located in the Yamal-Nenets Autonomous Region, Western Siberia. It sells natural gas, stable gas condensate, gas condensate refined products, liquefied petroleum gas, crude oil, naphtha, diesel fuel, jet fuel, methanol, and petrol. The company also provides transportation, geological and geophysical research, repair and maintenance of energy equipment, and rent and other services; and operates retail stations. It sells its products in Russia, Europe, the Asia-Pacific region, the Middle East, North America, and internationally. PAO NOVATEK has a strategic cooperation agreement with Japan Bank for International Cooperation to cooperate on projects to produce hydrogen and ammonia, carbon capture, utilization, and storage technologies, as well as renewable energy projects in Russia. The company was formerly known as OAO NOVATEK and changed its name to PAO NOVATEK in October 2016. PAO NOVATEK was founded in 1994 and is based in Tarko-Sale, Russia.

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