Novatek, Oil and Gas
Total is interested in participation in other LNG projects of Novatek on the Yamal and Gydan peninsulas, including in Arctic LNG-2, CFO of Total, P. de La Chevardier, said.
Novatek and Rosneft have confirmed their plans to implement projects in the Murmansk region, the press centre of the government of the Murmansk region informs.
The first production line of the liquefying plant Yamal LNG is already 91% ready. The degree of readiness of the whole object is estimated at 80%.
Nortgas, a JV of Gazprom Neft and Novatek, in 2016 made a net profit of 6.02 bln roubles, which is by 24.84% lower than in 2015, is said in Gazprom’s report under IAS.
Lukoil and Novatek have passed the second round of a licensing competition for geological exploration and production of hydrocarbons in Lebanon.
In Q1 2017 Novatek reduced its net profit by 39% in annual terms to 71 bln roubles having exceeded the expectations of analysts, is said in the company’s report under IAS.
In Q1 2017 Novatek reduced capital expenditure by 2.1 times to 3.761 bln roubles, is said in the company’s Q1 2017 report under IAS.
Companies from Europe can act as investors for the Yamal LNG plant. According to Leonid Mikhelson, the proposals came from Germany and Sweden.
Novatek is negotiating on the purchase of upstream assets in the main gas production region. This was told to the Vedomosti by chairman and co-owner of the company Leonid Mikhelson.
Novatek plans to keep hydrocarbons extraction in 2017 at the current level, the head of Novatek, L. Mikhelson.