Novatek controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2024
Reported sanctions-compliance concerns over LNG supplies
A media investigation reported that European companies had supplied more than 500 million euros of goods to Novatek-linked LNG projects after sanctions had been imposed on Russia. The reporting raised questions about export-control and sanctions compliance.
2022
Death of former director Sergey Protosenya
Former Novatek board deputy chairman Sergey Protosenya was found dead in Spain with his wife and daughter. Spanish authorities reportedly investigated the incident as a suspected murder-suicide, while Novatek issued a statement expressing doubt about that interpretation.
2021
Mark Gyetvay offshore-asset and tax case
Novatek chief financial officer Mark Gyetvay was arrested and prosecuted in the United States over allegations that he concealed more than $93 million in offshore assets and failed to meet U.S. tax-reporting obligations. A jury found him guilty in 2023, and he was sentenced to 86 months in prison.