PAO Novatek 2022 AR2
The report outlines NOVATEK's operational and strategic achievements for 2022, emphasizing its commitment to employee care, continuous operations, and local community support. Key highlights include reaching 73% overall progress on the Arctic LNG 2 project and achieving a 120% capacity utilization rate at the flagship Yamal LNG plant. The company increased its SEC proved hydrocarbon reserves to 17,571 million barrels of oil equivalent, representing a reserve replacement rate of 282%. Additionally, NOVATEK advanced its decarbonization efforts by securing three licenses for underground CO2 storage and adopting a revised Code of Business Conduct and Ethics.
Company: PAO Novatek
Sector: Mining & quarrying
Country: Russia
Year: 2022
Type: AR2
Pages: 73
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PAO Novatek
Annual Report
The report outlines NOVATEK's operational and strategic achievements for 2022, emphasizing its commitment to employee care, continuous operations, and local community support. Key highlights include reaching 73% overall progress on the Arctic LNG 2 project and achieving a 120% capacity utilization rate at the flagship Yamal LNG plant. The company increased its SEC proved hydrocarbon reserves to 17,571 million barrels of oil equivalent, representing a reserve replacement rate of 282%. Additionally, NOVATEK advanced its decarbonization efforts by securing three licenses for underground CO2 storage and adopting a revised Code of Business Conduct and Ethics.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees