PAO NOVATEK operates as an independent energy corporation, overseeing the... PAO NOVATEK operates as an independent energy corporation, overseeing the entire value chain of natural gas and liquid hydrocarbons, from acquiring and exploring new reserves to their development, production, processing, commercialization, and international export. The company's main hydrocarbon reserves are primarily located in Russia's Yamal-Nenets Autonomous Region and Western Siberia. Its extensive product catalog features natural gas, stable gas condensate, various refined gas condensate products, liquefied petroleum gas (LPG), crude oil, naphtha, diesel fuel, jet fuel, methanol, and petrol. Beyond resource extraction and sales, NOVATEK provides an array of services including transportation, geological and geophysical investigations, maintenance for energy equipment, and rental services, alongside operating retail fuel stations. The company's market reach is global, with products sold across Russia, Europe, the Asia-Pacific region, the Middle East, and North America. Reflecting a commitment to future energy solutions, PAO NOVATEK has established a strategic partnership with the Japan Bank for International Cooperation, focusing on hydrogen and ammonia production, carbon capture, utilization, and storage (CCUS) technologies, and renewable energy initiatives within Russia. Founded in 1994, the company was initially known as OAO NOVATEK before officially rebranding to PAO NOVATEK in October 2016, and is headquartered in Tarko-Sale, Russia.
