Press Releases and Events
NOVATEK and Enel Russia conclude natural gas supply contract
Moscow, 28 October 2015. ОАО “NOVATEK” and “Enel Russia” signed a contract for natural gas supply to the Nevinnomysskaya GRES. According to the contract, annual supply volumes will average 2 billion cubic meters of natural gas over the period from 1 January 2016 to 31 December 2018.
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.