Press Releases and Events
NOVATEK Repays Ruble Bonds
Moscow, 19 May 2026. PAO NOVATEK (“NOVATEK” and/or the “Company”) announced today the Company has repaid the RUB 30 billion bond issue in accordance with the bonds maturity schedule. The ruble bonds were placed on the Moscow Exchange in May 2023 for a three-year term with a coupon rate of 9.1% per annum.
PAO NOVATEK is one of the largest independent natural gas producers 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 Area, 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.