Eurasia Journal News

NOVATEK: Acquires Severneft-Urengoy From EuroChem

PAO NOVATEK announced today the acquisition of Severneft-Urengoy from EuroChem, a leading global fertilizer company. Severneft-Urengoy holds the hydrocarbon exploration and production license for the West-Yaroyakhinskiy license area located in the Purovsky district of the Yamal-Nenets Autonomous Region in close proximity to our existing infrastructure. The license contains estimated hydrocarbon …

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Eurasia Journal News

NOVATEK Announces Consolidated IFRS Results for the Year Ended 31 December 2014

Total revenues grew by 20.0% year-on-year to RR 357.6 billion for the twelve months ended 31 December 2014 from RR 298.2 billion in 2013, largely due to an increase in natural gas and liquids sales volumes and prices. The start of higher value added products sales from the Ust-Luga Gas …

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