Press Releases and Events
NOVATEK signs Social Partnership and Cooperation Agreement with Yamalsky District Administration
Yar-Sale, YNAO, 18 September 2009. OAO NOVATEK’s (the “Company”) senior management participated in a working visit to the Yamalsky district of the Yamal-Nenets Autonomous Region. During the visit, NOVATEK CEO, Leonid Mikhelson, met with the Head of the Yamalsky district, Andrey Nesteruk, to discuss the Company’s future plans in the region.
The working visit included a presentation by NOVATEK to Yamalsky district municipal authorities and local indigenous communities regarding the Company’s perspectives on the development of the South-Tambeyskoye field (the field is located within the district’s territory).
The working visit concluded with the signing of a Social Partnership and Cooperation Agreement between NOVATEK and the Yamalsky District Administration.
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.