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Joint working meeting between Alexey Miller and Leonid Mikhelson

Moscow, 4 September 2006. OAO Gazprom CEO Alexey Miller and OAO NOVATEK CEO Leonid Mikhelson held a working meeting to discuss cooperation between the two companies and development plans of OAO NOVATEK. The companies’ heads stated that the transaction on acquiring an equity stake in NOVATEK by Gazprom is in its final stage and is expected to be completed in the nearest future.

PAO NOVATEK is one of the largest independent natural gas producers 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 Area, 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.