Novatek has 100% in Terneftegaz after buying 49% from TotalEnergies - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Novatek has 100% in Terneftegaz after buying 49% from TotalEnergies

MOSCOW, Aug 26 (PRIME) -- Russian independent gas company Novatek has consolidated 100% in Terneftegaz, a joint venture with TotalEnergies, by acquiring 49% from the French company, Novatek said in a statement on Friday.

The Termokarstovoye gas condensate field is located in the Yamalo-Nenets Autonomous District in Russia’s north. Production at the field started in 2015.

End

26.08.2022 17:34