Russian LNG producer Novatek has acquired at least two Arc4 ice-class carriers to expand its Arctic fleet amidst Western sanctions. The vessels, previously operated by MOL, were reflagged to Panama to
Novatek reported third-quarter natural gas production rose 4.9% year-on-year to 21.1 billion cubic meters, while oil and condensate output increased 1.3% during the same period.
Sources report Novatek's Ust-Luga gas condensate processing complex was damaged in a drone attack on August 14, though oil export operations remain unaffected. Damage extent to the facility refining n
Russia's Novatek reported a 3% year-on-year decline in first-half net profit to $2.8 billion despite a 4% revenue increase to 836.3 billion roubles, citing higher expenses.
ChemBrief