NOVATEK is Russia’s largest independent and second-largest overall producer of natural gas. Founded in 1994, the company is engaged in the exploration, production, and processing of natural gas and liquid hydrocarbons. NOVATEK is responsible for commercial hydrocarbon production at 16 fields.
The company has built highly efficient production and processing facilities. In 2017, the company’s marketable hydrocarbons production totalled 513.3 mln barrels of oil equivalent.
NOVATEK is one of the world’s top 5 companies in terms of proved natural gas reserves and had a reserve life of 29 years at the end of 2017.
The company’s biggest project is Yamal LNG, which is responsible for the construction of a 16.5 mtpa natural gas liquefaction plant on the Yamal Peninsula (Russia). The plant’s first phase was successfully launched in December 2017.
Rosseti Public Joint Stock Company (ROSSETI PJSC) is a Russian energy network operator and one of the largest power companies in the world. The company manages 2.3 million kilometers of power lines and 502 thousand substations with a total transformer capacity of more than 781 thousand MVA.
In 2017, they supplied 748,2 billion kW/h of electricity to consumers. The Rosseti Group of companies employs 228 thousand people.
Rosseti PJSC’s assets include 36 affiliated and dependent companies including 15 interregional and 1 regional distribution grid company. The state, represented by the Federal Agency for State Property Management of the Russian Federation, is the controlling shareholder with 88.04 % of share capital.