NOVATEK announces that the Company’s subsidiary OOO NOVATEK-Yurkharovneftegas has started pilot production from gas condensate deposits at the Yevo-Yakhinskiy Cluster including the Yevo- Yakhinskoye and Ust-Yamsoveyskoye fields, as well as part of the Urengoyskoye field (within the boundaries of the Olimpiyskiy license area). The annual production level at the Yevo- Yakhinskiy Cluster is 4 bcm of natural gas and 1.3 mmt of gas condensate.

“Maintaining pipeline gas production levels within the reach of the Unified Gas Supply System for the domestic market supplies, as well as gas condensate production to secure the load of our processing capacities remains one of the main priorities of the Company,” noted Leonid Mikhelson, NOVATEK’s Chairman of the Management Board. “The Yevo-Yakhinskiy Cluster fields will contribute significantly to our gas and gas condensate production.”