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NOVATEK resumes gas deliveries after planned capacity expansion

Moscow, 18 October 2006. OAO NOVATEK today announced that it has successfully connected the second gas pipeline from the Khancheyskoye field to infrastructure at the East-Tarkosalinskoye field. The Company has also completed the overhaul of the gas condensate de-ethanization plant at the East-Tarkosalinskoye field. NOVATEK resumed gas deliveries to the Unified Gas Supply System at 22:00 (Moscow time) on 17 October 2006.

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.