NOVATEK

M&A Activity • Dec 27, 2018

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 5911L

PAO Novatek

27 December 2018

FOR IMMEDIATE RELEASE

NOVATEK Signed MOU with Saibu Gas 

Moscow, 27 December 2018. PAO "NOVATEK" ("NOVATEK" and/or the "Company") and Saibu Gas Co., Ltd. (Japan) signed a Memorandum of Understanding (MOU), whereby the parties agreed to consider potential cooperation to enter the end-customer market and optimize NOVATEK's LNG portfolio supplies to the Asia-Pacific region by utilizing Hibiki LNG terminal in Japan.

NOVATEK's First Deputy Chairman of the Management Board Lev Feodosyev noted: "The Asia-Pacific region is a priority destination for NOVATEK's LNG projects. Our ability to use the Hibiki terminal will help diversify our customer base and increase the flexibility of deliveries to the premium LNG markets."

***

For further information, please visit www.novatek.ru or contact:

Press Service +7 (495) 721 2207 press@novatek.ru	Investor Relations +7 (495) 730 6013 ir@novatek.ru

***

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».

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCXDLFLVLFBFBV