Latest news

Novatek will sell natural gas to Germany’s EnBW

Russia’s second largest gas company Novatek has confirmed that it has entered in a long-term gas supply deal with Germany’s third largest electric utility Energie Baden-Württemberg (EnBW). Under the new contract, Novatek will supply about 2 billion cubic meters of gas per year to EnBW starting in October 2012 and for the next ten years to follow.

read more... 15/08/2012

news

Novatek launched the construction of Sabetta LNG port

Novatek, the second gas producer in Russia, started the construction of a $30 billion Arctic port, called Sabetta, located on the North-East of the Yamal Peninsula in Yamal-Nenets Autonomous Region.

read more... 23/07/2012

news

Total boosts its stake in Novatek

The French major, Total SA announced that it has increased its stake in Russian company, Novatek by 2 per cent to 14.09 per cent, at a cost of $800 million.

read more... 14/12/2011

news

Total agrees to purchase a $4 billion stake in Novatek

Total, the third biggest oil company in Europe, agreed to pay $4 billion for a stake in Novatek and for joining the Arctic gas project.

read more... 07/03/2011

news