Gazprom beats Novatek in race for remote Russian gas tract

Tuesday's auction for East Bovanenkovo field ended quickly as participants were unwilling to raise stakes

Rest time: a herd of walruses on the Kara Sea coastline on Russia's Yamal Peninsula, which hosts major gas developments operated by Gazprom and Novatek
Rest time: a herd of walruses on the Kara Sea coastline on Russia's Yamal Peninsula, which hosts major gas developments operated by Gazprom and NovatekPhoto: YANAO/REUTERS/SCANPIX
Published 31 March 2021, 13:50Updated 31 March 2021, 13:50