PAO Novatek

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About Us PAO NOVATEK is the largest independent natural gas producer

About Us

PAO NOVATEK is the largest independent natural gas producer in

Russia. The Company is principally engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons and have more than 20 years of operational experience in the Russian oil and natural gas sector.
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Arctic LNG 2 is another LNG production-related project of NOVATEK 19,8

Arctic LNG 2 is another LNG production-related project of NOVATEK

19,8 mtpa

is ALNG2 capacity
1978 bcm of natural gas - the Utrenneye field’s reserves under the Russian reserves classification
405 bcm of natural gas reserves were added in 2018
105 mmt of liquid hydrocarbons -the Utrenneye field’s reserves under the Russian reserves classification
60% is NOVATEK's participation interest in the project (10% - Total, 10% - CNPC, 10% - CNOOC, 10% - the consortium of Mitsui and Jogmec)
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YAMAL LNG is an integrated project for natural gas production, liquefaction

YAMAL LNG is an integrated project for natural gas production, liquefaction

and marketing

17, 4 YAMAL LNG is an integrated project for natural gas production, liquefaction and marketing
683 bcm of proved natural gas reserves of the South-Tambeyskoye field under the SEC reserves methodology as at the end of 2017
27 bcm of natural gas per annum - the field’s production potential
208 production wells stipulated by the field’s development plan
50,1% share of NOVATEK in the Yamal LNG project (20% - Total, 20% - CNPC, 9.9% - Silk Road Fund)
2017 share of NOVATEK in the Yamal LNG project
(20% - Total, 20% - CNPC, 9.9% - Silk Road Fund)

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Corporate Governance The Company has established an effective and transparent system

Corporate Governance

The Company has established an effective and transparent system of

corporate governance complying with both Russian and international standards. NOVATEK’s supreme governing body is the General Meeting of Shareholders. The corporate governance system also includes the Board of Directors, the Board Committees, and the Management Board, as well as the system of internal control and audit bodies. The activity of all these bodies is governedby the applicable laws of the Russian Federation,NOVATEK’s Charter and internal documents.