NOVATEK'S PRODUCTION: +2.4%

NOVATEK - PAO NOVATEK ("NOVATEK" and/or the "Company") reported today preliminary operating data for the first half 2018.

In the first half 2018, NOVATEK's hydrocarbons production totaled 264.3 million barrels of oil equivalent (boe), including 32.93 billion cubic meters (bcm) of natural gas and 5,864 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in total hydrocarbons production by 6.3 million boe, or by 2.4%, as compared to the first half 2017.

Preliminary natural gas sales volumes, including LNG, aggregated 35.42 bcm, which was 6.9% higher compared with the corresponding period in 2017. The LNG sales volumes on international markets in the first half 2018 amounted to 1.61 bcm.

The Company processed 5,549 thousand tons of unstable gas condensate at the Purovsky Processing Plant, representing a 3.5% decrease as compared with the corresponding volumes processed in the prior reporting period. NOVATEK processed 3,547 thousand tons of stable gas condensate at the Ust-Luga Complex, representing a 0.1% decrease in volumes processed at the facility in the first half 2018.

Preliminary first half 2018 petroleum product sales volumes aggregated 3,594 thousand tons, including 2,260 thousand tons of naphtha, 544 thousand tons of jet fuel, and 790 thousand tons of fuel oil and gasoil.

As at 30 June 2018, NOVATEK had 1.2 billion cubic meters of natural gas and 594 thousand tons of stable gas condensate and petroleum products in storage or transit and recognized as inventory. 

* Natural gas production includes gas volumes consumed in oil and gas production and development activities (primarily, as fuel gas). The numbers for 1H 2017 were recalculated accordingly.

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Earlier:

2018, June, 25, 12:05:00 NOVATEK - KOGAS UNDERSTANDING NOVATEK - According to the MOU, the parties agreed to explore opportunities for KOGAS to enter the Arctic LNG 2 project and possible LNG off-take from the project, participate in the LNG transshipment project in Kamchatka and other infrastructure projects, as well as develop cooperation in LNG trading and logistics optimization, including swap operations. Русский | English

2018, May, 25, 10:30:00 NOVATEK - TOTAL AGREEMENT: $25.5 BLN 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. Русский | English

2018, February, 27, 13:10:00 NOVATEK'S PROFIT DOWN BY 39.3% 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. Русский | English

2018, February, 12, 07:05:00 LEBANON OFFSHORE DRILLING 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. Русский | English

2018, January, 22, 07:55:00 RUSSIAN LNG TO U.S. BLOOMBERG - Engie bought the cargo from Petroliam Nasional Bhd and that the Malaysian company in turn bought it from Yamal LNG operator Novatek PJSC. It was the first cargo from the Siberian plant.

2018, January, 10, 12:35:00 RUSSIAN LNG FOR U.S. 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.

2017, December, 4, 22:40:00 NOVATEK - TOTAL - SIEMENS FOR VIETNAM 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. Русский | English