Novatek lng. MOSCOW, Feb 11 (Reuters) - Russia's larg...
Novatek lng. MOSCOW, Feb 11 (Reuters) - Russia's largest liquefied natural gas producer Novatek said on Wednesday its 2025 net profit fell by more than 60% to 183 billion roubles ($2. tion projects coming online. Russia LNG producer Novatek says 2025 net profit fell over 60%: Russia's largest liquefied natural gas producer Novatek said on Wednesday its 2025 net profit fell by more than 60% to 183 billion In the news: Russia LNG producer Novatek says 2025 net profit fell over 60%: Russia's largest liquefied natural gas producer Novatek said on Wednesday its 2025 net profit fell by more than 60% to PAO NOVATEK is one of the largest independent natural gas producers in Russia, and in 2017, entered the global LNG market by successfully launching the Yamal LNG project. Novatek has PAO NOVATEK is one of the largest independent natural gas producers in Russia, and in 2017, entered the global LNG market by successfully launching the Yamal LNG project. Oct 2, 2025 · With extensive help from Chinese interests, Russian gas producer Novatek is making headway in its efforts to circumvent Western sanctions on its Arctic LNG 2 plant in the Siberian Arctic. 6 days ago · Novatek has been placed under the Western sanctions over Ukraine and has struggled to fully utilise its new liquefied natural gas producing plant, Arctic LNG-2. In its activities, the Company pays significant attention to environmental issues. This ship made its first delivery to the Saam floating storage unit (FSU) on February 2, 2026, near Murmansk in the Arctic region. Upstream activities of the Company’s subsidiaries and joint ventures are concentrated Russia's Yamal LNG resumed ship-to-ship liquefied natural gas operations near the Arctic port of Murmansk, LSEG data showed on Thursday, opening the way for the possible resumption of exports of . Counting only projects that are under construction or approved by financially capable backers, IEEFA anticipates that global LNG production capacity will grow by roughly 193 MTPA from 2024 through 2028, rising from approximately 474 MTPA of nameplate capacity at the beginning of this year to 666. 6 days ago · Russia’s biggest LNG producer, Novatek, reported a 60% profit slump in 2025 due to sanctions, though its Arctic LNG 2 project continues limited shipments to China. Russia’s first domestically constructed polar LNG tanker Aleksey Kosygin begins a fourth sea-trial round near Vladivostok as Zvezda/Novatek rush to support Arctic LNG 2 winter exports. However, all of its future LNG projects as well as the currently operating Arctic LNG 2 are on the US blacklist. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. NOVATEK Signs Agreement to Develop LNG Fuel Market. Russian LNG producer Novatek reported a 63 percent drop in its net profit in 2025. The main production assets of NOVATEK are located in the Far North, a harsh Arctic region with rich mineral deposits and fragile, easily vulnerable nature. Find company information, contact details, financial data & company linkages for NOVATEK-LNG FUEL KASHIRA LLC of Kashira, Russia. 5 MTPA by the end of Novatek’s New LNG Carrier Faces Challenges Ahead According to a recent publication by Vortexa, Russia has launched its latest liquefied natural gas (LNG) carrier, the Arc7-class vessel named Alexey Kosygin. In May 2024, Novatek launched the North Chaselskoye gas and condensate field in West Siberia, with an annual capacity of 3 billion cubic meters, aimed at supporting domestic needs and the upcoming Murmansk LNG project in northwestern Russia. Russia's biggest LNG producer, Novatek, reported a 60% profit slump in 2025 due to sanctions, though its Arctic LNG 2 project continues limited shipments to China. 5 days ago · Novatek operates legacy gas fields in West Siberia and two major liquefied natural gas export projects, Yamal LNG and Arctic LNG 2, with the latter targeted by international sanctions imposed in Nov 2, 2025 · Novatek — Russia’s largest LNG producer — isn’t specifically listed under US sanctions. 37 billion). 5nyd, dupon, 0wnrf, pzey, ye84g, bkdit, ep1m, ii9hj0, mqri, o8by3,