Novatek's IFRS net profit for 2022 grew by more than 50% compared to the previous year, the company's head Leonid Mikhelson said. Novatek's 2021 profit rose 6.4 times to ₽432.93 billion. "There is a dividend policy and we will stick to it," Mikhelson added, when asked whether investors should expect dividends for 2022.

Novatek's investments in the offshore transshipment complex in the Murmansk region will exceed ₽2.4 billion. Gas tankers will deliver LNG from the Arctic fields there for transshipment into floating gas storage facilities for short-term storage or by the onboard-on-board method to conventional vessels. The complex will have one floating gas storage facility...

Novatek's hydrocarbon production for 2022 was 638.9 million boe, up 2% from 626.3 million boe a year earlier. Natural gas production was 82.14 billion cubic meters, an increase of 2.8%. Liquid hydrocarbon production decreased by 2.9% to 11.94 million tons. Natural gas sales amounted to 76.55 billion cubic meters, an increase of 1% compared to 75.82 billion c...

Zvezda shipyard is not on schedule - by March 2023 - to produce the lead tanker Arc7 for Novatek's LNG project Arctic LNG-2, sources told Kommersant. Deadline for delivering this and four more tankers for the first line of the LNG plant is being pushed back by at least a year. Under such circumstances, Novatek may be forced to postpone its plans to deliver m...