Novatek started transportation of the second liquefaction train for the Arctic LNG-2 project from Murmansk. Platform will be towed to Gydan, where, tentatively in mid-August, its installation will begin at the Utrenny terminal, near the project's resource base. Shipments from the first line of the LNG plant, which was ready for launch in December last year,...

Novatek's RAS net profit for 6 months of 2024 amounted to ₽108.25 billion, down almost three times from ₽319.94 billion in the previous year. Revenue rose 15% to ₽436.64 billion against ₽379.7 billion a year earlier.

Novatek's IFRS net profit for 6 months of 2024 amounted to ₽345.44 billion, up 2.2 times from ₽158.17 billion in the previous year. Revenue rose 17% to ₽752.4 billion against ₽642.98 billion a year earlier.

Novatek's hydrocarbon production for 6 months of 2024 amounted to 330.7 mln boe, up 2.7% from 321.9 mln boe a year earlier. Natural gas production volume increased by 1.2% to 41.73 billion cubic meters. Liquid hydrocarbons production increased 11.9% to 6.83 million tons. Total natural gas sales, including LNG, amounted to 39.3 bcm, down 3.3%.