Novatek Began Production at the Severo-Chaselskoye field in the Yamal-Nenets Autonomous Okrug
The annual production level will exceed 3 billion cubic meters of natural gas. Novatek has begun production at the Severo-Chaselskoye field in the Yamalo-Nenets Autonomous Okrug. The annual production level at the field will exceed 3 billion cubic meters of natural gas and 0.1 million tons of gas condensate per year, …
Novatek Intends to Maintain Gas Production Volumes in 2023
Production of liquid hydrocarbons will increase by 2-2.5% due to gas condensate, said the head of the company Leonid Mikhelson Based on the results of 2023, Novatek plans gas production at the level of 2022 – approximately 82 billion cubic meters. m or a little more. Production of liquid hydrocarbons …
NOVATEK: Signed Cooperation Agreement with Rostechnadzor
PAO NOVATEK and the Federal Environmental, Industrial and Nuclear Supervision Service of Russia (Rostechnadzor) signed a Cooperation Agreement on industrial safety. The Parties intend to exchange information in the field of industrial safety by using of state-of-the-art information systems, as well as cooperating on scientific and training programs and improving …
NOVATEK Wants to Buy the Tambeyskoye Field from Gazprom
According to Kommersant’s information, the head of NOVATEK, Leonid Mikhelson, has made a new attempt to get from Gazprom the giant Tambey group of fields with reserves of 7.3 trillion cubic meters of gas. According to Kommersant’s sources, Mr. Mikhelson was able to convince Vladimir Putin that it would be strategically …
Alexey Miller and Leonid Mikhelson Review Issues of Cooperation Between Gazprom and NOVATEK
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Leonid Mikhelson, Chairman of the Management Board of NOVATEK, took place today in St. Petersburg. The parties reviewed issues pertaining to cooperation between the companies. source
NOVATEK Joins the Arctic Economic Council
PAO NOVATEK announced today that it has formally joined the Arctic Economic Council. The Arctic Economic Council (AEC) is an international business forum established in 2014 at the initiative of the Arctic Council in order to facilitate business-to-business activities and promote responsible economic development of the Arctic region. The AEC’s …
Baker Hughes and NOVATEK Partner to Develop Pioneering Lower Carbon Hydrogen Solution for LNG Trains
Baker Hughes and PAO NOVATEK have signed a cooperation agreement aimed at reducing carbon emissions from natural gas and liquefied natural gas (LNG) production. The two companies will cooperate on the development and implementation of innovative compression and power generation technology solutions from Baker Hughes for NOVATEK’s LNG projects, supporting …
NOVATEK-Tarkosaleneftegas Commences Production from the the North-Russkoye and East-Tazovskoye Fields
PAO NOVATEK announced that NOVATEK-Tarkosaleneftegas, a wholly owned subsidiary, commenced pilot production from gas condensate bearing layers of the North-Russkoye and East-Tazovskoye fields with cumulative total annual production capacity of 7.7 billion cubic meters of natural gas and 1 million tons of gas condensate. “Our production growth in the area …
NOVATEK Launches South-Khadyryakhinskoye field
PAO NOVATEK (“NOVATEK” and/or the “Company”) announced today that the Company’s wholly owned subsidiary NOVATEK-Tarkosaleneftegas commenced commercial production at the South-Khadyryakhinskoye gas field, with estimated gas capacity at about one billion cubic meters per annum. “The South-Khadyryakhinskoye field is located in close proximity to the Company’s existing infrastructure, which allowed …
Yamal LNG: Reaches Full Production Capacity
PAO NOVATEK announced today that its joint venture Yamal LNG has reached full capacity at the plant’s three LNG trains. The Yamal LNG project was implemented in record time and on budget with the launches of the second and third trains made ahead of schedule by six months and more …