PAO Novatek 2008 AR2
The report highlights Novatek's operational and financial performance for the fiscal year 2008, marking a decade of natural gas production since 1998. During the year, the company achieved record financial results with total revenues reaching RR 79.3 billion and net income of RR 22.9 billion. Novatek successfully launched the second phase of development at the Yurkharovskoye field, increasing its annual production capacity to 37 billion cubic meters, and expanded the Purovsky Processing Plant's capacity to 5 million tons per annum. Additionally, the company completed the certification of its environmental health and safety management system in accordance with ISO 14001 and OHSAS 18001 standards across all operating subsidiaries.
Company: PAO Novatek
Sector: Mining & quarrying
Country: Russia
Year: 2008
Type: AR2
Pages: 138
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PAO Novatek
Annual Review
The report highlights Novatek's operational and financial performance for the fiscal year 2008, marking a decade of natural gas production since 1998. During the year, the company achieved record financial results with total revenues reaching RR 79.3 billion and net income of RR 22.9 billion. Novatek successfully launched the second phase of development at the Yurkharovskoye field, increasing its annual production capacity to 37 billion cubic meters, and expanded the Purovsky Processing Plant's capacity to 5 million tons per annum. Additionally, the company completed the certification of its environmental health and safety management system in accordance with ISO 14001 and OHSAS 18001 standards across all operating subsidiaries.
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Document Details
Report Year
2008
Reporting Period
Jan 1, 2008 - Dec 31, 2008
Fiscal Year
2008
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Total Waste
Employees