PAO Novatek 2010 AR2
The report highlights NOVATEK's record operational and financial performance in 2010, driven by the expansion of the Yurkharovskoye field and strategic acquisitions of Sibneftegas and SeverEnergia. The company achieved double-digit growth in production, revenues, and proved reserves while maintaining its position as one of the lowest-cost global producers. In terms of sustainability, NOVATEK continued its commitment to environmental safety, achieving a 95% utilization rate for associated petroleum gas and passing compliance audits for ISO 14001 and OHSAS 18001. Additionally, the company invested significantly in social programs, supporting indigenous peoples of the Far North and regional educational initiatives.
Company: PAO Novatek
Sector: Mining & quarrying
Country: Russia
Year: 2010
Type: AR2
Pages: 186
PAO Novatek
The report highlights NOVATEK's record operational and financial performance in 2010, driven by the expansion of the Yurkharovskoye field and strategic acquisitions of Sibneftegas and SeverEnergia. The company achieved double-digit growth in production, revenues, and proved reserves while maintaining its position as one of the lowest-cost global producers. In terms of sustainability, NOVATEK continued its commitment to environmental safety, achieving a 95% utilization rate for associated petroleum gas and passing compliance audits for ISO 14001 and OHSAS 18001. Additionally, the company invested significantly in social programs, supporting indigenous peoples of the Far North and regional educational initiatives.
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Document Details
Report Year
2010
Reporting Period
Jan 1, 2010 - Dec 31, 2010
Fiscal Year
2010
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Total Waste
Employees