(AGENPARL) – gio 16 giugno 2022 FOR IMMEDIATE RELEAS
NOVATEK
JV’s Obtains North
Yarudeyskiy
Subsoil License
Moscow
June 2022
PAO NOVATEK (“NOVATEK” and/or the “Company”) announced
today that
Yargeo,
NOVATEK’s joint venture
, won
the auction for geological survey,
exploration and production license for the North
Yarudeyskiy subsoil area
For the first time,
the Company won an auction held on the electronic platform
The license area is located within the Yamal
Nenets Autonomous Area
near
Yarudeyskoye
field
The North
Yarudeyskiy license area holds an estimated hyd
rocarbon resource potential
llion barrels of oil equivalent according to the Russian resource classification system
The license term is 27
years.
For further information, please visit:
novatek
Press Service
Investor Relations
novatek
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 enga
ged in the exploration, production, processing and marketing of
natural gas and liquid hydrocarbons. Upstream activities of the Company’s subsidiaries and
joint ventures are concentrated mainly in the prolific Yamal
Nenets Autonomous Region,
which is the w
orld’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
Federatio