Novatek is a major Russian company that specializes in the production of natural gas and gas processing. Founded in 1994, it has grown to become one of the largest independent gas producers in the country. Novatek plays a crucial role in the energy sector, supplying gas to both domestic and international markets, and is known for its innovative approaches to gas extraction and processing.
The company is also involved in the development of liquefied natural gas (LNG) projects, which help to transport gas more efficiently across the globe. Novatek's flagship project, the Yamal LNG plant, is located in the Arctic and showcases the company's commitment to expanding its operations while addressing environmental concerns.