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Novatek PAO (NVTK.MM)

NVTK.MM on Moscow Interbank Currency Exchange

617.10RUB
20 Jul 2017
Change (% chg)

руб-10.50 (-1.67%)
Prev Close
руб627.60
Open
руб625.10
Day's High
руб627.20
Day's Low
руб616.30
Volume
403,940
Avg. Vol
805,240
52-wk High
руб800.70
52-wk Low
руб601.50

Latest Key Developments (Source: Significant Developments)

Russia's Novatek says signs deals with Technip, Linde on Arctic LNG 2
Wednesday, 3 May 2017 09:05am EDT 

May 3 (Reuters) - Russia's top non-state gas producer Novatek says::Signed a framework agreement on strategic cooperation with Technip, Linde AG and Research and Design Institute for Gas Processing (NIPIGas);.Parties agreed upon main conditions for designing and developing future LNG plants based on gravity-based structures for Arctic LNG 2 as well as subsequent Novatek's LNG projects;.Signed license agreement with Linde AG to purchase Linde's license on natural gas liquefaction technology for Arctic LNG s project..  Full Article

Novatek to supply gas to Mosenergo for up to RUB 53.35 bln in 2017
Wednesday, 7 Dec 2016 02:00am EST 

Mosenergo : Says it has signed and additional agreement to gas supply contract with Novatek .Novatek is to supply gas to Mosenergo in 2017 for up to 53.35 billion roubles ($835.88 million).  Full Article

Unipro to increase volume of gas supply by Novatek to Surgutskaya GRES-2
Monday, 31 Oct 2016 09:44am EDT 

Unipro : Says signs additional agreement to increase volume of gas supply by Novatek to Surgutskaya GRES-2 .Says deal value is 15.91 billion roubles ($251.39 million), gas to be supplied from January 1, 2017 till December 31, 2027.  Full Article

Russia's Novatek and Japan's JBIC sign memorandum on partnership
Monday, 5 Sep 2016 01:52am EDT 

Russia's NOVATEK said on Monday: Novatek and the Japan Bank for International Cooperation (JBIC) signed a Memorandum of Understanding (MOU) for strategic partnership; . The MOU confirms their intention to cooperate in the implementation of NOVATEK's LNG projects, including financing and investment; . Russian Economy Minister Alexei Ulyukayev said last week that Japanese state banks, including JBIC, may take part in financing of Novatek's Arctic LNG-2 project. [nL8N1BF03C] (Reporting by Moscow Newsroom) ((Polina.Devitt@thomsonreuters.com; +7 495 775 12 42; Reuters Messaging: polina.devitt.reuters.com@reuters.net)).  Full Article

Russia's Novatek says Q2 net profit rises 9.6 pct yr/yr
Wednesday, 27 Jul 2016 06:04am EDT 

Novatek says: Q2 net profit at 45.9 billion roubles ($694.4 million), versus 41.9 billion roubles in Q2 2015; . Normalised EBITDA, inclusive of joint ventures, at 59.5 billion roubles, versus 49.5 billion roubles in Q2 2015; .Total revenues at 127.4 billion roubles, versus 112.2 billion roubles in Q2 2015..  Full Article

Russia's Novatek extends share buyback program by one year
Thursday, 19 May 2016 04:00am EDT 

Novatek says: The management board of Novatek approved the extension of the share buyback programme until June 7, 2017, keeping all the terms of the programme unchanged. .As of May, 18, 2016, 15,710,090 ordinary shares (including in a form of Global Depositary Receipts) have been purchased on the open market as part of the programme..  Full Article

Moody's confirms Novatek OAO corporate family rating, gives negative outlook
Tuesday, 26 Apr 2016 06:39am EDT 

Moody's:Says onfirms Novatek OAO corporate family rating at Ba1, gives negative outlook.  Full Article

Novatek OAO sees 2016 liquids production up 30 pct-Reuters
Tuesday, 22 Mar 2016 01:55am EDT 

Novatek OAO:Expects its production of crude oil and gas condensate to increase by 30 percent this year, Chief Executive Leonid Mikhelson told Rossiya-24 TV channel-Reuters.In Dec., Novatek started commercial production at the Yarudeyskoye oil field in northern Russia.  Full Article

Novatek OAO recommends H2 dividend of 6.9 roubles/share
Thursday, 10 Mar 2016 08:17am EST 

Novatek OAO:Says its board of directors had recommended a dividend payment of 6.9 roubles per share (69 roubles per GDR) for the second half of 2015.Including a previously payed interim dividend, the total payment for 2015 will reach 13.5 roubles per share, up 31 percent from 2014.  Full Article

Novatek OAO - Blast near Novatek's oil field kills one man in Russia - Interfax - Reuters News
Saturday, 5 Mar 2016 05:17am EST 

Novatek OAO:An explosion near an oil field operated by Russian natural gas producer Novatek killed one man and hurt two other people in Siberia's Yamal region on Saturday, Interfax news agency reported, citing regional emergency officials - RTRS.Interfax said the accident happened during exploration and blasting works near the Yarudeyskoye field, which started commercial production in 2015, according to Novatek's website.The field reached its planned production capacity of 9,700 tonnes of crude per day, which is equivalent to approximately 3.5 million tonnes per year, in January.  Full Article

UPDATE 1-Saipem set for Arctic LNG 2 platform contract - sources

MOSCOW, July 17 Russian gas producer Novatek is expected to select Italy's Saipem to build offshore platforms for its second liquefied natural gas (LNG) facility in the Arctic, four sources said.