Press Releases and Events
Results of NOVATEK’s Annual General Meeting of Shareholders
The AGM resolved the following agenda items:
Approved the Company’s 2010 Annual Report and Financial Results according to Russian Standards of Accounting (RSA), the distribution of profit under RSA, including the full year dividend payment for 2010;
Approved the election of a new Board of Directors;
Approved the election of members of the Company’s Revision Committee including compensation to each member for the year;
Approved the election of ZAO PricewaterhouseCoopers Audit as the Company’s independent auditors for 2011; and
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.