Novatek Announced Results of EGM
OREANDA-NEWS. January 15, 2013. The Extraordinary General Meeting of Shareholders (“EGM”) of JSC NOVATEK (“NOVATEK” or the “Company”) held on 9 January 2013 approved all the related party transactions as outlined on the agenda.
JSC NOVATEK is Russia’s largest independent gas producer and the second-largest natural gas producer in Russia. 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 in the prolific Yamal-Nenets Autonomous Region, which is the world’s largest natural gas producing area and accounts for approximately 84% of Russia’s natural gas production and approximately 17% of the world’s gas production. NOVATEK is an open joint stock company established under the laws of the Russian Federation. The Company’s shares are listed in Russia on MICEX-RTS Stock Exchange and the London Stock Exchange (LSE) under the ticker symbol “NVTK”.
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