Novatek

Total to continue working with NOVATEK in the framework of restrictions under the US sanctions.

Total will continue to work with Russian companies, including NOVATEK within the limits of the US sanctions, the senior vice president of Total for exploration Kevin Maklalan reports.

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Novatek estimates prospects of LNG production on its reserves in the Yamal-Nenets autonomous district

In 4-5 years, Novatek will increase the resource base on Gydan to volumes that will allow it to produce up to 70 million tons per year.

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Novatek’s dividends for 2017 to exceed payments of 2016 by 7.6%

The annual general meeting of Novatek’s shareholders has made decision on payment of dividends for 2017. This was reported by the press centre of the company.

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Mikhelson doesn’t expect imposition of serious sanctions against Novatek

The head of Novatek Leonid Mikhelson hasn’t expected imposition of serious sanctions by the United States against the company.

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Novatek plans to launch the fourth line of Yamal LNG at the end of 2019-beginning of 2020

Novatek has planned to launch the fourth line of the Yamal LNG plant in late 2019-early 2020, head of the company Leonid Mikhelson said this at the annual meeting of the company’s shareholder

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New infrastructure facilities to be built at the North-Russkoye field of Novatek

Omsk branch of the Russian Directorate-General for State Environmental Review has considered and approved a project of construction of new infrastructure at the North-Russkoye field.

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Novatek buys its own shares for 25.6 rubles

As part of buyback, Novatek bought 350 thousand of its ordinary shares on April 16 this year.

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Marubeni to help Novatek

The multifunctional Japanese holding company Marubeni may take part in construction of storage facilities for liquefied natural gas for the Russian company Novatek.

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Gazpromneft and Novatek bring their shares in joint venture Arktikgaz to parity

Gazpromneft and Novatek have brought their participation in the joint venture Arktikgaz to parity. This was announced on April 13, 2018.

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Novatek continued to reduce production of liquid hydrocarbons in Q1

In 2018, Novatek continued to reduce its production of liquid hydrocarbons (oil and gas condensate).

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