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 mainly in the prolific Yamal-Nenets Autonomous Region, which is the world's largest natural gas producing area and accounts for approximately 80% of Russia's natural gas production and approximately 15% of the world's gas production. NOVATEK is a public joint stock company established under the laws of the Russian Federation. The Company's shares are listed in Russia on Moscow Exchange (MOEX) and the London Stock Exchange (LSE) under the ticker symbol "NVTK".
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New LNG plant construction in Russia delayed
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Columns5| Company | Markets | New markets | Momentum | Activity | Expansion score |
|---|---|---|---|---|---|
 NOVATEKYou | 0 | 0 | 0% | 0 | 10 |
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Russia completes first domestically-built LNG ice-class tanker, capable of breaking 2-meter thick Arctic ice, strengthening control over Arctic trade routes.
A drone attack in Leningrad region caused a fire at a NOVATEK terminal. Russian air defense systems shot down 57 drones over Russia in six hours.
Debris from a Ukrainian drone caused a fire at Novatek's Ust-Luga terminal in Russia. No casualties reported. About 10 drones were destroyed over the port.
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