(AGENPARL) - Roma, 26 Agosto 2022 - (AGENPARL) – ven 26 agosto 2022 FOR IMMEDIATE RELEASE
NOVATEK
Increases its Stake in Terneftegas to 100%
Moscow,
August 202
PAO NOVATEK (“NOVATEK” and/or the “Company”)
announce
acquisition of
49% stake in Terneftegas
engaged in developing the Termokarstovoye field
from the TotalEnergies group. As a result, NOVATEK will own
100% stake in Terneftegas.
further
information
please
visit
novatek
contact:
Press Service
Investor Relations
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 market
ing 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 fo
r 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.