OFFICIAL PARTNERS OF THE FORUM
NOVATEK is one of the largest independent producers of natural gas in Russia. The Company was established in 1994 and now it is engaged in the exploration, production, processing and marketing of gas and liquid hydrocarbons.
In terms of proved natural gas reserves, NOVATEK is the second largest among the public companies in the world. Provision with proven reserves at the beginning of 2019 is 29 years.
The Company's development strategy provides for the development of LNG production capacities on the resource base of the Yamal and Gydan Peninsulas (Russia). In December 2018, the 3rd stage of the Yamal LNG plant was put into operation (1st on December 2017, 2nd on August 2018). Currently, three lines of the plant are operating in excess of design indicators, the construction of the 4th line with a capacity of up to 1 million tons of LNG per year is being completed according to the Arctic Cascade technology patented by NOVATEK based on Russian equipment.
In September 2019, a final investment decision was made on the second major project of the Company - Arctic LNG 2. The project provides for the construction of a LNG plant, consisting of 3 lines on the basis of gravity type on the basis of the Morning Field with a total capacity of 19.8 million tons of LNG per year.
The long-term development strategy of the Company provides for the development of an extensive high-quality resource base of the Company on the Yamal and Gydan Peninsulas. By 2030, NOVATEK plans to produce 57-70 million tons of LNG per year. Careful and rational use of natural resources, conservation of biodiversity, minimization of environmental risks are the absolute priorities of NOVATEK.
PARTNER OF THE FORUM
Gazprom Neft is a vertically integrated oil company. The main activities are exploration and development of oil and gas fields, oil refining, production and marketing of oil products. The structure of Gazprom Neft includes more than 70 oil producing, oil refining and marketing enterprises in Russia, near and far abroad-countries.
Gazprom Neft is among the top 10 world public companies in terms of proved reserves of liquid hydrocarbons and it is one of the leaders in terms of their completion rate. In terms of oil production and oil refining, Gazprom Neft is one of the three largest companies in Russia. In 2018, the company produced 92.9 million tons of oil equivalent, the processing volume amounted to 42.9 million tons.
Gazprom Neft products are exported to more than 50 countries and sold throughout the Russian Federation and abroad. The company's network of gas stations includes more than 1830 stations in Russia, the CIS countries and Europe.
At the end of 2018, Gazprom Neft's net profit amounted to 376.7 billion rubles, which was 49% more than in 2017. The company is one of the industry leaders in terms of growth in financial indicators, as well as in such a comprehensive indicator as internal rate of return.
The main shareholder of the company is PJSC Gazprom (95.68%). The remaining shares are in in free circulation.