Founded in 1994, Novatek is engaged in the exploration, production and processing of natural gas and liquid hydrocarbons. The company had 6.86 billion oil equivalent barrels of proved reserves at the end of 2009. The Company’s upstream activities are concentrated in the Yamal-Nenets Region, which is the world's largest natural gas producing area and accounts for over 90% of Russia's natural gas production and 20% of the world’s gas production. In 2009, gross production for NOVATEK totaled 240 mmboe (approximately 658 thousand boe per day) consisting of 32.78 billion cubic meters of natural gas and 3,049 thousand tons of liquids.
CSRHub includes data on Community, causes of global warming, Governance, International Integrated Reporting Council, social network, and enterprise risk management.