Natural Gas Sales

Our sales of natural gas in the Russian domestic market are mainly through trunk pipelines and regional distribution networks, as well as sales of LNG. Since 2024, end-customers from the Yamal LNG have been provided with certificates on the carbon footprint of LNG shipments, prepared on the basis of the developed “Methodology for quantifying greenhouse gas emissions and carbon footprint”, which was successfully validated by an independent accredited organization in 2023. Our successful LNG sales in the leading international markets, flexible and optimized logistics solutions helping reduce the already low carbon footprint of our LNG demonstrate that LNG produced in the Arctic can be highly competitive anywhere in the world.

In 2025, natural gas sales volumes, including volumes of LNG sold, aggregated 76.6 bcm, representing a decrease of 1.5% as compared to 2024.

NOVATEK has a key role in ensuring pipeline natural gas supplies to the domestic market. During 2025, the Company supplied natural gas to 42 regions within the Russian Federation, primarily the following: Chelyabinsk Region, Sverdlovsk Region, the Republic of Tatarstan,  Perm Territory, Moscow, Moscow Region, Vologda Region, Yamal-Nenets Autonomous Area, Stavropol Territory, Kostroma Region, Lipetsk Region, Khanty-Mansiysk Autonomous Region, Tula Region, Tyumen Region, Nizhny Novgorod Region, Tver Region, Smolensk Region, and Belgorod Region. The above regions accounted for more than 93% of our total pipeline gas sales in the Russian Federation.

In order to manage seasonal gas demand, historically NOVATEK has entered into an agreement with Gazprom for underground storage services. Natural gas inventories are accumulated during warmer periods when demand is lower and then used to meet increased demand during periods of colder weather. At year-end 2025, our inventories of natural gas in underground storage facilities amounted to 1.1 bcm.