Novatek - Company Profile
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Novatek (Novatek) is an independent oil and gas company. The company explores, produces, processes, and markets liquid hydrocarbons and natural gas. Its licensed producing fields include, Yurkharovskoye, South-Tambeyskoye, West-Yaroyakhinskiy and Beregovoy among others in the Yamal-Nenets Autonomous Region (YNAO). It operates Purovsky plant and Ust-Luga complex. The Purovsky plant processes unstable gas condensate into stable gas condensate and natural gas liquids. The Ust-Luga Complex processes stable gas condensate into light and heavy naphtha, jet fuel, fuel oil and gasoil. The company sells naphtha, stable gas condensate, gas condensate refined products, crude oil, liquefied petroleum gas and natural gas in Russia, other European countries, Asia Pacific, North America, Middle East and Latin America. Novatek is headquartered in Tarko-Sale, Yamalo-Nenets Autonomous Okrug, Russia.
Novatek premium industry data and analytics
Products and Services
Products |
---|
Natural Gas |
Stable Gas Condensate |
Liquefied Petroleum Gas |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Others | In February, the company restarted gas condensate processing at its Ust-Luga complex. |
2024 | Plans/Strategy | In February, the company announced its plans to open an office in China. |
2023 | Corporate Changes/Expansions | In December, the company formed a new unit to develop its planned Murmansk liquefied natural gas export project. |
Competitor Comparison
Key Parameters | Novatek | Gazprom | EOG Resources Inc | Tatneft | Surgutneftegas |
---|---|---|---|---|---|
Headquarters | Russia | Russia | United States of America | Russia | Russia |
City | Tarko-Sale | Saint Petersburg | Houston | Almetyevsk | Surgut |
State/Province | Yamalo-Nenets Autonomous Okrug | - | Texas | Republic of Tatarstan | - |
No. of Employees | 18,404 | 492,200 | 3,050 | 60,743 | 113,000 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Alexander E. Natalenko | Chairman | Executive Board | 2004 | 77 |
Leonid V. Mikhelson | Chief Executive Officer; Director | Executive Board | - | 68 |
Sergey Vladimirovich Vasyunin | Deputy Chairman; Director - Operations | Senior Management | 2017 | 56 |
Sergey Solovyov | Director - Prospective Projects; Deputy Chairman | Senior Management | 2021 | 45 |
Evgeniy N. Ambrosov | Director - Marine Operations, Shipping and Logistics; Deputy Chief Executive Officer | Senior Management | 2020 | 66 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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