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2018 November 15   13:23

NOVATEK’s Board of Directors to be elected on 18 January 2019

The Board of Directors of PAO NOVATEK approved the following agenda for the Company’s Extraordinary General Meeting of Shareholders convened for 18 January 2019:

Early termination of authorities of the members of NOVATEK’s Board of Directors.

Election of members of NOVATEK’s Board of Directors.

The list of persons entitled to take part in NOVATEK’s EGM will be compiled as of 26 November 2018.

PAO NOVATEK is one of the largest independent natural gas producers in Russia, and in 2017, entered the global gas 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. The Company’s upstream activities 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. The Company’s shares are listed in Russia on Moscow Exchange (MOEX) and the London Stock Exchange (LSE) under the ticker symbol “NVTK”.

 

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