Novatek's net profit under IFRS for 2025 amounted to ₽186.03 billion, a 2.7-fold decrease from ₽500.2 billion in the previous year. Revenue decreased by 6.5% to ₽1.45 trillion from ₽1.55 trillion a year earlier.

Novatek's hydrocarbon production in 2025 amounted to 673 million boe, an increase of 0.9% compared to 667 million boe a year earlier. The volume of natural gas production increased by 0.6% to 84.57 billion cubic meters. m. The volume of production of liquid hydrocarbons increased by 2.3% to 14.11 million tons. The volume of natural gas sales, including LNG,...

First LNG tanker Alexey Kosygin built at the Zvezda shipyard for transporting gas in Arctic conditions has been handed over to the customer, Sovcomflot. This is the lead vessel of a series of tankers that the Zvezda shipbuilding Complex is building for the Arctic LNG-2 project.

Novatek supplies LNG from the Arctic LNG-2 project to China at $7-8 per MBTU, sources told Reuters. At the same time, the market value of LNG in Asia is $11 per MBTU. The first batch of fuel was delivered to China on August 28. In total, the Chinese side received 14 shipments of LNG.