Exploration

Novatek unit set for drilling splurge in gas reserves search

Subsidiary must at least double current confirmed reserves of its six acreages for the LNG project to deliver first gas in 2027

Reserves hope: Novatek chairman Leonid Mikhelson
Reserves hope: Novatek chairman Leonid MikhelsonPhoto: REUTERS/SCANPIX
  • Vladimir Afanasiev
Moscow
NovatekGydan PeninsulaArctic LNG 1RussiaArctic
Published 25 February 2020, 12:05Updated 25 February 2020, 12:06