2019-10-23 12:25:00
NOVATEK WITHOUT SANCTIONS
NOVATEK - Moscow, 22 October 2019. PAO NOVATEK ("NOVATEK" and/or the "Company") today announced that Yamal LNG has received notification from TC LNG Shipping L.L.C. ("TC LNG"), the joint-venture owning the Arc7 ice-class tankers, that joint-venture is no longer considered a "Blocked Person" under the US Department of the Treasury's Office of Foreign Asset Control or "OFAC" rules.
TC LNG, a joint-venture between Teekay LNG and China LNG Shipping (Holdings) Limited, owns Arc7 LNG tankers that are conducting LNG shipments for the Yamal LNG project in the normal course of business.
-----
Earlier:
2019, October, 11, 11:40:00
NOVATEK'S PRODUCTION +5.2%
In the third quarter 2019, NOVATEK’s hydrocarbon production totaled 145.2million barrels of oil equivalent (boe), including 18.31 billion cubic meters (bcm) of natural gas and 3,041 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in total hydrocarbons produced by 7.2 million boe, or by 5.2% as compared with the third quarter 2018.
