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Company Profile for NOVATEK.


OAO 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 Region, which is the world's largest natural gas producing area and accounts for over 90% of Russia's natural gas production and 20% 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 on the Russian Trading System Russian Trading System (RTS)

An electronic system in Russia, like the Nasdaq system on which the majority of Russian equities trading is conducted.
 (RTS (Request To Send) An RS-232 signal sent from the transmitting station to the receiving station requesting permission to transmit. Contrast with CTS.

1. (operating system) RTS - run-time system.
2.
) and as Global Depository Receipts (GDR GDR

See Global Depositary Receipt (GDR).
) on the London Stock Exchange London Stock Exchange

London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses.
 (LSE LSE - Language Sensitive Editor ) under the 'NVTK' ticker symbol and on the NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 PORTAL System as Rule 144A Depository Receipts under the ticker symbol "NVATY".
Company:                NOVATEK

   Headquarters Address:   8, 2-ND Brestskaya
                           Moscow 125047
                           Russian Federation

   Main Telephone:         +7 095 730 6000

   Website:                www.novatek.ru

   Ticker:                 NVTK(LSE); NVATY(NASDAQ)

   Type of Organization:   Public

   Industry:               Energy

   Key Executives:         CEO: Leonid Mikhelson
                           CFO: Mark Gyetvay

   Investor Relations
     Contact:              Alexey Ivanov
     Phone:                +7 095 730-60-20
     Email:                aivanov@novatek.ru

   Public Relations
     Contact:              Mikhail Lozovoy
     Phone:                +7 095 721-22-07
     Email:                press@novatek.ru
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Article Type:Company Profile
Date:Nov 18, 2005
Words:198
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