(AGENPARL) - Roma, 13 Aprile 2023 - (AGENPARL) – gio 13 aprile 2023 FOR IMMEDIATE RELEASE
NOVATEK improves its Arctic Cascade Gas Liquefaction Technology
Moscow,
April 2023
. PAO NOVATEK (“NOVATEK” and/or the “Company”) obtained a
Russian patent for its proprietary natural gas liquefaction technology called “Arctic Cascade
Modified”
(ACM), which build
upon NOVATEK’
s patented Arctic Cascade process already
implemented at the
amal LNG project’s Train 4.
Stemming from operational lessons learned, improvements to the technology enable LNG
production with a leaner equipment list and better energy efficiency. The underlying process
design is compatible with domestically manufactur
ed equipment.
The ACM liquefaction proc
ess is intended for the Company’
s large
scale LNG projects in the
Arctic with a production capacity of 3
mmtpa per LNG train.
further
information,
please
visit:
www.nov
atek.ru
Press Service
Investor Relations
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 market
ing 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 Area, 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.