Finance

Novatek's bottom line swells on the back of high gas prices

Russia gas producer is well positioned to bankroll the flagship Arctic LNG 2 project, with three trains to come online between 2023 and 2025.

Confident steps: Completed wellheads and a drilling rig on the Salmanovskoye gas field which provides feedstock gas for Novatek-led Arctic LNG 2 project
Confident steps: Completed wellheads and a drilling rig on the Salmanovskoye gas field which provides feedstock gas for Novatek-led Arctic LNG 2 projectPhoto: AFP/SCANPIX
  • Vladimir Afanasiev
Moscow
NovatekGydan PeninsulaArctic LNG 2RussiaYurkharovskoye field
Published 16 February 2022, 21:54Updated 22 February 2022, 13:46