PAO Novatek 2016 Annual Report with Sustainability Disclosures
Company: PAO Novatek
Sector: Mining & quarrying
Country: Russia
Year: 2016
Type: Annual Report with Sustainability Disclosures
Pages: 120
The report presents NOVATEK's 2016 operational and financial growth, including total revenues of RR 537,472 mln and total hydrocarbon production of 537.0 mmboe. It highlights the Yamal LNG project's first-train construction reaching 88% completion and all three trains reaching 75%. Sustainability disclosures cover environmental protection, HSE, personnel and social policy, including 7,515 employees and RUB 1,199 mln in environmental-protection expenses. The company also reports continued participation in CDP and use of ISO 14001:2004 and OHSAS 18001:2007-compliant systems.
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