Novatek tripled its R&D investments from ₽183 million to ₽586 million in 2022. Increased expenditures are primarily related to the development of technologies to localize LNG equipment and improve efficiency. In 2023, the company plans to continue investing in the development of its own LNG technology, as well as in the development of Russian low-carbon ammonia production technology.
Novatek tripled its R&D investments from ₽183 million to ₽586 million in 2022. Increased expenditures are primarily related to the development of technologies to localize LNG equipment and improve efficiency. In 2023, the company plans to continue investing in the development of its own LNG technology, as well as in the development of Russian low-carbon ammonia production technology. 
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