PAO Novatek 2020 AR2
The report highlights PAO NOVATEK's operational and financial performance for the fiscal year 2020, emphasizing its commitment to sustainable development under the theme 'THINK GREEN. THINK NATURAL GAS.' The company approved its Environmental and Climate Change targets up to 2030, which include reducing greenhouse gas and methane emissions, and joined the international Methane Guiding Principles Initiative. Despite challenges from the COVID-19 pandemic, NOVATEK increased its total hydrocarbon production by 3.1% to 608.2 million barrels of oil equivalent, driven by successful field launches in the North-Russian cluster. Additionally, the company expanded its LNG infrastructure, launching its first small-scale LNG plant in Chelyabinsk and a carbon-neutral LNG fueling station in Germany.
Company: PAO Novatek
Sector: Mining & quarrying
Country: Russia
Year: 2020
Type: AR2
Pages: 124
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PAO Novatek
Annual Report
The report highlights PAO NOVATEK's operational and financial performance for the fiscal year 2020, emphasizing its commitment to sustainable development under the theme 'THINK GREEN. THINK NATURAL GAS.' The company approved its Environmental and Climate Change targets up to 2030, which include reducing greenhouse gas and methane emissions, and joined the international Methane Guiding Principles Initiative. Despite challenges from the COVID-19 pandemic, NOVATEK increased its total hydrocarbon production by 3.1% to 608.2 million barrels of oil equivalent, driven by successful field launches in the North-Russian cluster. Additionally, the company expanded its LNG infrastructure, launching its first small-scale LNG plant in Chelyabinsk and a carbon-neutral LNG fueling station in Germany.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Apr 1, 2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees