Who is Novatek Ltd?

Building a market for more than half of a decade, Novatek Ltd. with competitive price brings you a one-stop solution to install the finest quality Inverters for your Solar panel. We deal nationwide with international standards of Inverters. We are one of the only authorized suppliers of Voltronic Power with a warranty of 18 months.

Will Novatek build a gas turbine power plant?

MOSCOW. May 16 (Interfax) - Novatek plans to build an onshore gas turbine power plant with capacity of 1,500 MW to general electricity and support the operation of a plant to produce, store and offload liquefied natural gas (LNG) and stable gas condensate, the Russian gas producer reported. The power plant will be built in three stages.

What is Novatek exploitation of Arctic Energy Resources?

Novatek exploitation of Arctic energy resources include the planned Arctic LNG 1, 2 and 3 liquefied natural gas plants which are being developed so that Novatek will become the main player in the Liquefied natural gas industry in Russia with plans to generate LNG capacity of 70 million tons per annum (MTPA) by 2030.

Did European suppliers trade with Novatek in the Gulf of OB?

Novatek was in the news in March 2024 when the Moscow Times disclosed that a number of European suppliers for its LNG projects in the Gulf of Ob had traded with it, seemingly in contravention of EU sanctions imposed in the wake of the 2022 Russian invasion of Ukraine.

Did Novatek get gas turbines after sanctions were deferred?

Novatek CEO Leonid Mikhelson said that in the period for which the sanctions were deferred the company managed to receive the main equipment for all three phases of the LNG plant, but not the gas turbines.

Why did Novatek stop trading in GDR securities?

Subsequent to the 24 February 2022 Russian invasion of Ukraine, on 3 March the London Stock Exchange declared it would suspend trading in GDR securities for Russian firms, and so Novatek was affected. Later on 7 February 2023 Novatek cancelled its (suspended) listing on the LSE.