• 2021 January 18 14:36

    NOVATEK reports preliminary operating data for 2020

    PAO NOVATEK reported today preliminary operating data for the twelve months ended 31 December 2020.

    In 2020, NOVATEK’s hydrocarbon production totaled 608.2 million barrels of oil equivalent (boe), including 77.37 billion cubic meters (bcm) of natural gas and 12,237 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in total hydrocarbons produced by 18.3 million boe, or by 3.1% as compared with the twelve months 2019.

    Preliminary natural gas volumes sold in the Russian Federation in 2020 were 66.69 bcm, representing an increase of 1.6% as compared with the corresponding volumes in 2019, whereas LNG volumes sold on international markets amounted to 8.93 bcm. The total natural gas sales volumes, including volumes of LNG sold, aggregated 75.62 bcm, representing a decrease of 3.6% as compared with the prior year. The decrease attributable to volumes sold on international markets was mainly due to the decrease of Yamal LNG shareholders’ share, including NOVATEK’s share, of LNG volumes sold on the spot market, and a corresponding increase in Yamal LNG direct sales under long-term contracts.

    The Company processed 11,786 thousand tons of unstable gas condensate at the Purovsky Processing Plant, representing an increase of 9.1% as compared with the corresponding volumes processed in the prior reporting period.  NOVATEK further processed 7,007 thousand tons of stable gas condensate at the Ust-Luga Complex, representing an increase of 1.5% in volumes processed at the facility in 2020.

    Preliminary 2020 petroleum product sales volumes aggregated 6,774 thousand tons, including 4,293 thousand tons of naphtha, 1,061 thousand tons of jet fuel, and 1,420 thousand tons of fuel oil and gasoil. NOVATEK sold 4,469 thousand tons of crude oil and 2,169 thousand tons of stable gas condensate.

    As at 31 December 2020, NOVATEK had 0.8 bcm of natural gas, including LNG, and 623 thousand tons of stable gas condensate and petroleum products in storage or transit and recognized as inventory.

    NOVATEK’s hydrocarbon production including share in production of joint ventures

     

    2020

    2019

    Change, %

    Natural gas, bcm

    77.37

    74.70

    3.6%

    Liquids, thousand tons

    12,237

    12,148

    0.7%

    Total hydrocarbons, mln boe

    608.2

    589.9

    3.1%

    Total hydrocarbons, mln boe per day

    1.66

    1.62

    2.8%

     

    Natural Gas Sales Volumes, bcm

     

    2020

    2019

    Change, %

    Total natural gas sales volumes

    75.62

    78.45

    -3.6%

    Sold in the Russian Federation

    66.69

    65.65

    1.6%

    Sold on international markets

    8.93

    12.80

    -30.2%

    PAO NOVATEK is the largest independent natural gas producer in Russia, and in 2017, entered the global LNG market by successfully launching the Yamal LNG project. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. The Company’s upstream activities are concentrated mainly in the prolific Yamal-Nenets Autonomous Region, which is the world’s largest natural gas producing area and accounts for approximately 80% of Russia’s natural gas production and approximately 15% of the world’s gas production. NOVATEK is a public joint stock company established under the laws of the Russian Federation. The Company’s shares are listed in Russia on Moscow Exchange (MOEX) and the London Stock Exchange (LSE) under the ticker symbol “NVTK”.




2021 March 4

15:15 Global shipping CO2 emissions decreased 1% in 2020 - Marine Benchmark
14:32 BW Group and Miros launch fuel-saving, emissions-reducing JV
14:05 Zvezda Shipyard lays down seventh Aframax tanker, Academic Ivanter
13:32 IAA PortNews to hold webinar dedicated to Yenisey as one of Siberian waterways on March 17
13:01 APM Terminals Valencia assembles three new Rubber Tyred Gantry cranes
12:03 Expeditionary Survey Boat Hydrograaf named at Damen Shipyards Den Helder
11:46 Roadmap approved for reduction of coal industry’s environmental impact
11:03 DNV supports Hapag-Lloyd’s milestone green financing
10:29 Gazpromneft-Lubricants solidifies the cooperation with FESCO
10:17 DuPont awarded grant from Singapore’s National Water Agency to increase sustainability of desalination for clean water
10:08 Tallink Grupp reports its statistics for February 2021
09:44 MABUX: Bunker market this morning, Mar 04, 2021
09:27 Oil prices continue rising
09:11 Baltic Dry Index as of March 3

2021 March 3

18:20 Star Bulk Carriers announces acquisition of two resale modern high specification Kamsarmax vessels
18:16 Jumbo and SAL intend to form joint venture
17:55 ABS publishes landmark U.S. Offshore Wind Report
17:48 4.81 million tonnes of cargo carried by Northern Sea Route in January-February 2021
17:24 Chancellor put ports at heart of regional growth and prosperity
17:17 Latvia’s innovative technologies enhance the competitiveness of the Port of Riga
16:54 Rates approved for investment harbor dues collected by Rosmorport in Murmansk
16:29 Missile cruiser Marshal Ustinov of RF Navy’s Northern Fleet sailed to Barents Sea for exercises
16:05 Royal IHC and Cochin Shipyard sign MoU to provide a trailing suction hopper dredger to be built for Dredging Corporation of India
15:20 Grimaldi christened ro-ro vessel Eco Livorno
15:02 Yantar Shipyard acquires more equipment of domestic origin
14:38 Delo Group assets develop joint operations
14:13 Holland Shipyards Group to retrofit Future Proof Shipping’s vessel to sail on H2 power
14:10 Russia and Syria look into establishment of joint shipping line
13:47 World Shipping Council strengthens its organisation in Asia and the USA
13:24 Russian frigate Admiral Kasatonov visits Akzas-Karagach naval base in Turkey
13:05 Support vessels of RF Navy's Northern Fleet entered the Cyprus port of Limassol
12:36 Throughput of Rostov-on-Don port in 2M’2021 remained flat, year-on-year
12:11 DP World implements Zodiac System in Jebel Ali Port’s terminal-3 to enable 100% automation of facilities
11:33 IMO publishes guidelines to port State control for on board fuel oil sampling
11:14 Aleksandr Smirnov appointed as General Director of Rosmorport
11:12 Associated British Ports signs Mental Health in Maritime Pledge
10:25 Rates approved for investment harbor dues in Big Port Saint Petersburg, Vysotsk, Primorsk and Ust-Luga seaports
10:03 MABUX: Bunker market this morning, Mar 03, 2021
09:53 Bunker prices continue rising at the Port of Saint-Petersburg, Russia (graph)
09:32 Oil prices go up in expectation of OPEC+ meeting
09:18 Baltic Dry Index as of March 2
08:41 The Port of Sagunto will reduce energy consumption in roads by 54% with the installation of LED lights

2021 March 2

19:00 Zelenodolsk Plant lays down two high-speed passenger hydrofoils of Project 03830, Meteor-2020
18:45 Crowley promotes Dan Warner to Chief Financial Officer
18:05 The RSS Sir David Attenborough delivered to LR Class
17:54 Manufacture of auxiliary drilling modules for ice-resistant platform LSP “A” is underway
17:47 TORM purchases eight MR product tankers with chemical trading capabilities from TEAM Tankers in a partly share-based transaction
17:39 Inchcape’s new Port Cost Estimator is missing link in voyage cost puzzle
17:28 CMA CGM acquired a 50% interest minus one share in TTIA container terminal in Algeciras, Spain
17:25 First hydrogen filling station opened in Amsterdam port
17:21 Framo will supply pumping systems for foundations of Scotland’s largest offshore wind farm project
17:06 Haldor Topsoe joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping as Strategic Corporate Partner
16:21 USCG, partners rescue two pilots from downed aircraft off Lanai
16:15 The Prax Group agrees exclusive crude oil supply arrangement with Trafigura
15:48 Ardmore Shipping takes on commercial management of four Carl Buettner chemical tankers
15:47 Ocean Infinity acquires MMT
15:00 Bunker sales at Vladivostok port in 2M’2021 fell by 34% YoY
14:38 Tenderers sought for upcoming Port Hedland channel marker project
14:22 Local contractor wins Mt Bassett water reservoir demolition job
13:46 Mega RO-RO vessels handled in record time thanks to investment by PSA Zeebrugge