(AGENPARL) – ven 17 giugno 2022 FOR IMMEDIATE RELEAS
NOVATEK Signs Small
Scale LNG Coo
peration Agreements with
Russia’
s Regions
Saint Petersburg,
June 2022
. As part of
Petersburg International Economic
Forum,
PAO NOVATEK (
NOVATEK
or the
Company
) signed small
scale
cooperation agreements with the Governments of the Moscow and Samara Regions.
The parties are looking to expand the use of LNG as motor fuel and for gas supply to off
grid
customers, including the construction of small
scale LNG plants and relevant sal
infrastructure.
The use of LNG in transportation and for gas supply will improve the economic efficiency,
reduce environmental footprint and enhance security of power supply, as well as make a
positive contribution to social and economic situation
he regions where we operate”
, noted
Leonid Mikhelson,
NOVATEK
Chairman of the Management Board.
Development of the
domestic LNG market is a prospective business line for the Company
that will help effectively
as well as pioneer Russian technologies and
equipment.
For further information, please visit:
novatek
Press Service
Investor Relations
novatek
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.