PAO Novatek 2011 SR
The report highlights OAO NOVATEK's operational and financial success in 2011, noting a 41.5% increase in natural gas production and a 16% rise in proven reserves. The company presented its 10-year strategy to 2020, focusing on doubling gas production and expanding processing capacities, including the Yamal LNG project. Environmental initiatives included a 12.9% reduction in production energy intensity and a significant increase in the rational use of associated oil gas to 62.1%. Socially, the company invested RR 135 million in regional development and supported various educational and indigenous people's programs. The report also details the company's commitment to safety, reporting zero serious or fatal accidents during the year.
Company: PAO Novatek
Sector: Mining & quarrying
Country: Russia
Year: 2011
Type: SR
Pages: 64
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PAO Novatek
Sustainability Report
The report highlights OAO NOVATEK's operational and financial success in 2011, noting a 41.5% increase in natural gas production and a 16% rise in proven reserves. The company presented its 10-year strategy to 2020, focusing on doubling gas production and expanding processing capacities, including the Yamal LNG project. Environmental initiatives included a 12.9% reduction in production energy intensity and a significant increase in the rational use of associated oil gas to 62.1%. Socially, the company invested RR 135 million in regional development and supported various educational and indigenous people's programs. The report also details the company's commitment to safety, reporting zero serious or fatal accidents during the year.
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Document Details
Report Year
2011
Reporting Period
Jan 1, 2011 - Dec 31, 2011
Fiscal Year
2011
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Water Consumption
Workplace Fatalities
Employees