PAO Novatek 2019 Annual Report with Sustainability Disclosures
Company: PAO Novatek
Sector: Mining & quarrying
Country: Russia
Year: 2019
Type: Annual Report with Sustainability Disclosures
Pages: 222
The report presents NOVATEK's 2019 operational and financial performance, including the first full year of simultaneous operation of Yamal LNG's three trains and 18.4 million tons produced. It highlights the Arctic LNG 2 final investment decision and the sale of 40% of the project's participation interests, leaving NOVATEK with 60%. Environmental and social disclosures include RR 2.20 bln of environmental expenses, 15,445 employees and CDP participation. The report also describes environmental monitoring, occupational safety programs, and regional charity and indigenous-community support.
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