Novatek [SEP] parent company
49% and 32%, respectively.
The major gas field owned by Novatek is the Yurkharovskoye field. On 27 May 2009, Novatek bought a 51% stake in Yamal LNG from Volga Resources, which controls the giant South-Tambeyskoye field. On 2 July 2010, Novatek purchased Tambeyneftegas, which holds the licence to the Arctic Malo-Yamalskoye field, located on the Yamal Peninsula and holding of natural gas and 14.4 million tonnes of gas condensate. Novatek and Gazprom plan to build a liquefied natural gas plant in
Novatek
"Not to be confused with Novatek Inc, a US company that produces synthetic diamonds for the oil and gas industry or Novatek Microelectronics Corp. a supplier of display controller integrated circuits"
Novatek (, , ) is Russia's second largest natural gas producer, and the seventh largest publicly traded company globally by natural gas production volume. The company was originally known as OAO FIK Novafininvest. Novatek is based in the Yamalo-Nenets Autonomous Region in West Siberia, and maintains a sales office in Moscow.
Operations.