Press Releases and Events
NOVATEK expands production capacity
Moscow 9 October 2006. OAO NOVATEK today announced plans to increase the production capacity at its Khancheyskoye field and also carry out infrastructure improvements at its East Tarkosalinskoye field. Work will be performed from the 10th to 17th of October 2006, during which time production will be temporarily suspended at the two fields.
The production stoppage will enable the Company to connect a second gas pipeline from the Khancheyskoye field to infrastructure at the
NOVATEK will also make improvements to the low temperature separation unit (LTSU) at the
Work is also scheduled to overhaul the
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.