2008 Annual Review
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A decade of delivering clean energy
2008 proved to be a year of contrast for NOVATEK – one in which we celebrated our first decade of producing natural gas and the other being the beginning of a global economic recession, and the first signs of economic slowdown in Russia after nearly a decade of steady, robust growth.

2007 Annual Review
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Strategy in motion
2007 was a difficult market environment for natural gas producers in Russia as we experienced an unseasonable warm winter this past year – the warmest in 126 years. Despite the weather, 2007 proved to be a very rewarding year for NOVATEK and our valued shareholders as we continued to achieve record financial and operational results.

2006 Annual Review
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Capitalizing on growth
Solid production growth and strong liquid prices throughout most of the year combined for impressive financial and operational results for 2006. We continued to build on our platform of core assets while maintaining our primary focus on cost control.

2005 Annual Review
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A year of transition
We are proud of our accomplishments in 2005. Our strategy of maximizing returns throughout the energy value chain combined with our success in meeting and exceeding every goal in our ambitious growth plan has created enormous shareholder value.