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NOVATEK won IR Magazine award in two categories

Moscow, 27 October, 2008. OAO NOVATEK is pleased to announce that the Company won the IR Magazine Russia & CIS award in categories: «Best Investment Meetings/Roadshows» and «Best IR by a CFO». The Company was runner-up in the categories «Best Corporate Governance» and «Grand Prix for best overall Investor Relations».

According to NOVATEK’s CFO, Mark Gyetvay, «it is an honor to be recognized by our valued shareholders and the investor relations community and clearly demonstrates the effectiveness of maintaining an open and constructive dialogue with our shareholder base throughout the year. The recognition of these Investor Relations awards underscores our fundamental commitments toward achieving an organization founded on the principles of sound corporate governance, transparency and best practices in investor relations.»

The IR Magazine Russia & CIS 2008 Awards were presented on 22 October in Moscow, the first time since 2004. Worldwide, the IR Magazine Awards are recognized as the definitive measure of outstanding performance. Held in over a dozen countries and regions, and attended by nearly 6,000 investor relations professionals it is an important event for all IR practitioners.


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.