All publications by tag «NOVATEK»
FT - “In my opinion, the stability of Russian production was underestimated by the market,” said Igor Sechin, chief executive of Rosneft, the country’s top oil producer. “In general, the Russian oil sector investments in rouble equivalent under the crisis conditions were increasing, and so did the production.”
FT - "We will discuss the current situation, the outlook and possible further actions to be taken within the framework of our deal. Speaking of relaxing the deal: it is possible but should be based on a thorough analysis of the situation," Mr Novak told the Financial Times. "Generally speaking, we are quite flexible."
NOVATEK - At the 22nd Saint Petersburg International Economic Forum, in the presence of the President of Russia Vladimir Putin and the President of France Emmanuel Macron, Chairman of the Management Board of PAO NOVATEK (“NOVATEK”) Leonid Mikhelson and Chairman and Chief Executive Officer of TOTAL S.A. (“TOTAL”) Patrick Pouyanné signed a binding agreement on the terms to enter the Arctic LNG 2 project.
NOVATEK - Profit attributable to shareholders of PAO NOVATEK decreased to RR 156.4 billion (RR 51.85 per share), or by 39.3%, as compared to 2016.
NOVATEK - Total and Eni signed exploration and production agreements (Agreements) with the Government of Lebanon to explore and produce hydrocarbons on the offshore blocks 4 and 9 in the Eastern part of the Mediterranean Sea. NOVATEK’s participating interest in the Agreements is 20%, Total and Eni both hold 40% stakes, with Total appointed as the Operator.
REUTERS - If the vessel is carrying Russian LNG and ends up in the United States despite the U.S. sanctions against Novatek, it would be the first ever Russian LNG to go to the United States, according to U.S. energy data.
“This is for sure a complicated project,” Putin said at a ceremony attended by the project partners and the energy minister of Saudi Arabia. “But those who started this project took a risk, and the risk was justified, and they succeeded.”
NOVATEK - PAO NOVATEK (“NOVATEK” and/or the “Company”) announced today that its subsidiary NOVATEK Gas and Power Asia Pte Ltd signed a Memorandum of Understanding (MOU) with Total Gas & Power Business Services S.A.S and Siemens Aktiengesellschaft.
In the third quarter of 2017, our total revenues amounted to RR 130.7 billion and Normalized EBITDA, including our share in EBITDA of joint ventures, totalled RR 59.3 billion, representing increases of 3.3% and 2.7%, respectively, as compared to the corresponding period in 2016.
NOVATEK’s marketable hydrocarbons production totaled 374.7 million barrels of oil equivalent (boe), including 46.03 billion cubic meters (bcm) of natural gas and 8,806 thousand tons of liquids (gas condensate and crude oil), resulting in a decrease in total hydrocarbons production by 30.4 million boe, or by 7.5%, as compared with the nine months 2016.