Novatek

Russia becomes a leading supplier of crude oil to China – Novak.

Russia occupies a leading position in the export of crude oil to the PRC, increasing its supply by 27.4% in 2018, and is also a leader in the export of electricity, according to the Russian Ministe

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LNG supplies change markets

Imports of liquefied natural gas (LNG) from Russia to Japan fell by almost a third in September compared to the same period last year.

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In the first 9 months of 2019, production of oil, gas and gas condensate grew in the Yamal-Nenets autonomous district

In January-September 2019, volume of natural gas production in the Yamal-Nenets autonomous district increased by 5.6% compared to the same period in 2018 and amounted to 446.7 billion cubic meters.

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Yamal LNG to receive the last of ordered 15 LNG tankers in December 2019

Yamal LNG project has already received 14 Arc7 class gas carriers, the 15th, the last one of the ordered vessels, will begin work before the end of 2019.

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Novatek’s profit grew almost 7 times in the first 9 months

The profit attributable to Novatek’s shareholders increased to 370.0 billion rubles (122.86 rubles per share), or 8 times, in the third quarter of 2019 and to 820.9 billion rubles (272.59 rub

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Japan reduces LNG imports from Russia by a third

In September, purchases of Russian liquefied gas by Japan decreased by 32.6% and amounted to 403 thousand tons. This follows from statistics published by the Japanese Ministry of Finance.

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Oreshkin expects Total to actively invest in Russia

French Total will actively invest in Russia, and not only in the gas industry, but also in other areas of energy, the Russian Minister of Economic Development, Maxim Oreshkin, told journalists.

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Uzbekneftegaz discusses geological exploration and increase of hydrocarbon production with Mubadala, Total and Novatekl

On 28 October, Uzbekneftegaz held a meeting with representatives of Mubadala Petroleum (UAE), Total E&P Activites Petrolieres (France) and NOVATEK (Russia) to implement measures provided for by

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Novatek to give Russia 1.5% of GDP

Leonid Mikhelson, head and main shareholder of Novatek, said on Thursday that the company would provide 1-1.5% of Russian GDP in the next decade.

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Novatek is targeting the Italian market

The company intends to seek partners there for LNG sales.  Novatek plans to expand into the Italian market, and the Russian company will look for local partners for this purpose.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
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