Press Releases and Events
NOVATEK’s AGM approves 2012 dividends
Moscow, 25 April 2013. OAO NOVATEK (“NOVATEK” and/or the “Company”) announced that the Annual General Meeting of Shareholders (“AGM”) approved the total dividend payment for 2012.
The total dividend for 2012 will amount to RR 6.86 per one ordinary share or RR 68.6 per one Global Depositary Receipt (GDR), including the interim dividends of RR 3.0 per ordinary share or RR 30.0 per one GDR paid for the first half 2012.
The dividend is payable in cash within 60 days after shareholder approval. The list of persons entitled to receive dividends was compiled as at 21 March 2013.
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.