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Private Company Lng MCX: NVTK

Novatek

Tarko-Sale, Russia · Established 1994 · Profile updated July 1, 2026

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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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