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Company Directory - Novatek

Company Details - Novatek

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Novatek

Russia

Novatek is a major Russian fossil fuel exploitation firm engaged in natural gas and LNG projects, including operations in the Dolginskoye oil field and Yamal LNG.

CCI Score

CCI Score: Novatek

-58.03

0.02%

Latest Event

Novatek Involvement in Arctic Energy Projects and Authoritarian Economic Networks

Novatek's active role in partnering on Arctic LNG projects and other energy ventures, as highlighted in a recent statement by the Russian Ambassador, is seen as bolstering state-controlled economic power and reinforcing authoritarian regimes. Their economic collaboration with state-backed firms contributes to an apparatus that supports aggressive geopolitical strategies.

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QUISLING

Novatek is currently rated as a Quisling.

-44 to -59 CCI Score
These companies are fully aligned with authoritarian regimes. They not only support but also enforce oppressive policies, playing a significant role in the regime’s operational apparatus and contributing directly to its consolidation of power.

Latest Events

  • Novatek Involvement in Arctic Energy Projects and Authoritarian Economic Networks Logo
    MAR
    20
    2025

    Novatek's active role in partnering on Arctic LNG projects and other energy ventures, as highlighted in a recent statement by the Russian Ambassador, is seen as bolstering state-controlled economic power and reinforcing authoritarian regimes. Their economic collaboration with state-backed firms contributes to an apparatus that supports aggressive geopolitical strategies.

  • Novatek Courts India Gas Buyers amid Sanctions Logo
    MAR
    18
    2025

    Amid US sanctions that halted production last year, Novatek is courting Indian gas buyers as a strategic pivot. This move is seen as an attempt to circumvent international pressure and secure continued revenue streams, indirectly bolstering the economic structures of the Russian state and contributing to an environment that supports authoritarian practices.

  • -50

    Economic and Structural Influence

    March 21

    Novatek's strategy to court Indian gas buyers in the wake of US sanctions suggests an effort to mitigate the impact of international economic pressure. This maneuver, aimed at ensuring the company's financial sustainability, indirectly supports the economic might of an authoritarian regime by enabling continued resource flow despite sanctions. Such actions raise concerns about economic collaboration that may empower autocratic governance structures.

    US-Russia Sanctions: Novatek Courts India Gas Buyers ...

  • Novatek lobbies EU think-tanks to oppose tighter sanctions Logo
    JAN
    31
    2025

    Novatek, Russia's largest LNG company, has approached Brussels-based think-tanks to lobby against the implementation of stricter EU sanctions. This action appears designed to counter regulatory pressure and supports policies aligned with authoritarian interests.

  • -80

    Public and Political Behavior

    March 21

    Novatek's active lobbying efforts to influence EU think-tanks against tightening sanctions demonstrate a strategic move to undermine regulatory actions intended to hold authoritarian regimes accountable. This behavior aligns with political maneuvers that favor authoritarian practices, as it resists international pressure aimed at curbing the influence of such regimes. The initiative is detrimental to global efforts against authoritarianism, reinforcing power structures that can contribute to the rise of fascist policies.

    Russian LNG group lobbies EU think-tanks against tighter sanctions

  • Novatek's Strategic Expansion: A Kremlin-Backed Energy Tool for Authoritarian Leverage Logo
    JAN
    21
    2025

    Novatek, a major LNG exporter with deep links to Kremlin figures, is aggressively expanding its European market dominance through flexible spot market strategies and targeted lobbying efforts. These actions endorse and fortify authoritarian state interests while subverting Western sanctions and democratic accountability.

  • -70

    Public and Political Behavior

    March 21

    Novatek’s leadership, exemplified by a senior executive traveling to Washington to seek relief from sanctions, demonstrates a deliberate engagement in political activities that align with Kremlin interests. This use of executive political engagement underscores the firm’s complicity in supporting authoritarian strategies, undermining democratic processes through targeted lobbying and political maneuvers.

    Novatek: Putin's sanctions-proof gas weapon hiding in plain sight

  • -80

    Economic and Structural Influence

    March 21

    Novatek employs aggressive economic strategies by leveraging flexible spot market pricing to undercut competitors and expand its presence in the EU. This maneuver not only allows the company to bypass sanctions but also cements its role as an economic tool of the authoritarian state, ultimately deepening the Kremlin's stranglehold on European energy markets.

    Novatek: Putin's sanctions-proof gas weapon hiding in plain sight

  • Senior Novatek Official’s Washington Visit Sparks Sanctions Debate Logo
    DEC
    12
    2024

    A senior Novatek official traveled to Washington DC to discuss potential changes in US sanctions policy amid rising pressures on Arctic LNG projects, highlighting the firm's political lobbying efforts and economic influence aimed at softening sanctions.

Industries

211120
Crude Petroleum Extraction
211130
Natural Gas Extraction
486110
Pipeline Transportation of Crude Oil