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NO
Private Company
Lng
MCX: NVTK
Novatek
Tarko-Sale, Russia
· Established 1994 · Profile updated July 1, 2026
Official website ↗
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Auditor Executive Assessment
Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum
Novatek is Russia's largest independent natural gas producer and a global LNG leader through the Yamal LNG and Arctic LNG 2 projects on the Yamal and Gydan peninsulas. The company pioneered Arctic LNG logistics including ice-class tankers via the Northern Sea Route.
FY2023 revenue exceeded $18 billion with strong margins on LNG sales indexed to oil benchmarks. Arctic LNG 2 commissioning faced sanctions-related module delivery delays and offtake challenges from Western buyers.
Leonid Mikhelson...
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