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OAO NOVATEK TO ESTABLISH A LONDON REPRESENTATIVE OFFICE

Moscow, 1 November 2005. The Board of Directors of OAO NOVATEK approved the decision to establish a representative office in London (UK), which will oversee activities with the investment community, maintain ongoing dialogue with the UK Listing Authority (UKLA) and the London Stock Exchange (LSE), and promote the Company on the international markets.


PAO NOVATEK is the largest independent natural gas producer in Russia, and in 2017, entered the global LNG market by successfully launching the Yamal LNG project. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. Upstream activities of the Company’s subsidiaries and joint ventures are concentrated mainly in the prolific Yamal-Nenets Autonomous Region, which is the world’s largest natural gas producing area and accounts for approximately 80% of Russia’s natural gas production and approximately 15% of the world’s gas production. NOVATEK is a public joint stock company established under the laws of the Russian Federation.