NOVATEK’s Shareholders Approve Interim Dividends
Moscow, 29 September 2022. The Extraordinary General Meeting of Shareholders (“EGM”) of PAO NOVATEK held on 28 September 2022 resolved to pay dividends for the First Half 2022.
The EGM approved the interim dividend payment for the First Half 2022 in the amount of RR 45.00 per one ordinary share with the total dividend distribution amounting to RR 136,633,770,000.
The shareholders of record as at 9 October 2022 will be entitled to receive dividends.
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.