Novatek is preparing to move the Yamal LNG project's LNG transshipment point from Belgian Zeebrugge to the Kildin Island area due to the EU ban on re-exporting Russian LNG to third countries, Kommersant sources said. Now transshipment will be carried out in Murmansk using conventional LNG tankers, as there is no ice in the area, thanks to the influence of th...

Novatek's IFRS net profit for 2024 amounted to ₽500.2 billion, up 6.5% from ₽469.5 billion in the previous year. Revenue rose 13.1% to ₽1.55 trillion against ₽1.37 trillion a year earlier.

Novatek has added the North Moon gas carrier to its tanker fleet for LNG transshipment in Murmansk on a side-to-side basis. This is the fourth new tanker used for transshipment of Yamal gas in Murmansk in anticipation of restrictions on transshipment of LNG from Russia to European ports for sale in third countries.

After ten months after departing from a Chinese shipyard, the heavy lift vessel Wei Xiao Tian Shi returned to port with the original cargo on board. Vessel's return to China was the result of a failed attempt to deliver two modules manufactured by Chinese company Wison New Energies for the third line of the sanctioned Arctic LNG 2 plant.