NOVATEK Published 2020 Report on Payments to Governments
Moscow, 18 June 2021. PAO NOVATEK (the “Company”) announced today it has published the Company’s 2020 Report on Payments to Governments prepared in accordance with Chapter DTR 4.3A, Reports on payments to governments, of the Disclosure and Transparency Rules, enacted by the UK Financial Conduct Authority.
The Report is now available to view or download from the Company's website at www.novatek.ru/en.
PAO NOVATEK is the largest independent natural gas producer in Russia, and in 2017, entered the global LNG market by successfully launching the Yamal LNG project. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. Upstream activities of the Company’s subsidiaries and joint ventures are concentrated mainly in the prolific Yamal-Nenets Autonomous Region, which is the world’s largest natural gas producing area and accounts for approximately 80% of Russia’s natural gas production and approximately 15% of the world’s gas production. NOVATEK is a public joint stock company established under the laws of the Russian Federation.