PAO Novatek 2009 AR2
The report outlines NOVATEK's financial and operational performance for the fiscal year 2009, highlighting record oil and gas revenues of RR 86.9 billion and a 38% increase in total proved reserves to 6,853 million boe. Key achievements include the launch of the second stage of the Yurkharovskoye field's phase two development and the strategic acquisition of a 51% stake in Yamal LNG. The company also demonstrated its commitment to environmental and social responsibility by participating in the Carbon Disclosure Project and investing in local community development. Additionally, NOVATEK maintained its low-cost competitive advantage with lifting costs at RR 16.0 per boe.
Company: PAO Novatek
Sector: Mining & quarrying
Country: Russia
Year: 2009
Type: AR2
Pages: 155
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PAO Novatek
Annual Review
The report outlines NOVATEK's financial and operational performance for the fiscal year 2009, highlighting record oil and gas revenues of RR 86.9 billion and a 38% increase in total proved reserves to 6,853 million boe. Key achievements include the launch of the second stage of the Yurkharovskoye field's phase two development and the strategic acquisition of a 51% stake in Yamal LNG. The company also demonstrated its commitment to environmental and social responsibility by participating in the Carbon Disclosure Project and investing in local community development. Additionally, NOVATEK maintained its low-cost competitive advantage with lifting costs at RR 16.0 per boe.
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Document Details
Report Year
2009
Reporting Period
Jan 1, 2009 - Dec 31, 2009
Fiscal Year
2009
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