NVTK: OAO Novatek: NOVATEK and Gazprom will establish joint venture to increase LNG production on the Yamal Peninsula UK Regulatory Announcement MOSCOW NOVATEK AND GAZPROM WILL ESTABLISH JOINT VENTURE TO INCREASE LNG PRODUCTION ON THE YAMAL PENINSULA St. Petersburg, 10 January 2013. OAO NOVATEK (“NOVATEK” and/or the “Company”) and OAO Gazprom (“Gazprom”) signed today an agreement within the Memorandum of Cooperation providing for the establishment of a joint venture to increase LNG production on the Yamal Peninsula and to use the infrastructure built on the Peninsula. The agreement defines the schedule for the establishment of the joint venture. Note In April 2012, Gazprom and NOVATEK signed the Memorandum of Cooperation (valid through 1 February 2013), providing for the possibility to establish a joint venture to increase LNG production capacity on the Yamal Peninsula. *** For further information, please visit www.novatek.ru or contact: Press Service Investor Relations +7 (495) 721 2207 +7 (495) 730 6013 IR@novatek.ru email@example.com OAO NOVATEK isRussia’s largest independent gas producer and the second-largest natural gas producer inRussia. Founded in1994, the Company isengaged inthe exploration, production, processing and marketing ofnatural gas and liquid hydrocarbons. The Company’s upstream activities are concentrated inthe prolific Yamal-Nenets Autonomous Region, which isthe world’s largest natural gas producing area and accounts for approximately84% ofRussia’s natural gas production and approximately17% ofthe world’s gas production. NOVATEK isanopen joint stock company established under the laws ofthe Russian Federation. The Company’s shares are listed inRussia onMICEX-RTS Stock Exchange and the London Stock Exchange (LSE) under the ticker symbol “NVTK”. Contact: OAO Novatek
NVTK: OAO Novatek: NOVATEK and Gazprom will establish joint venture to increase LNG production on the Yamal Peninsula
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