Who owns Novatek?
Who owns Novatek?
Leonid Viktorovich Mikhelson
Leonid Viktorovich Mikhelson (Russian: Леони́д Ви́кторович Михельсо́н; born 11 August 1955) is a Russian billionaire businessman, CEO, chairman and major shareholder of the Russian gas company Novatek….
| Leonid Mikhelson | |
|---|---|
| Title | Chairman & CEO, Novatek |
| Spouse(s) | Married |
| Children | 2 |
What does Novatek do?
NOVATEK sells liquid hydrocarbons (stable gas condensate, petroleum products, light hydrocarbons, LPG and crude oil) domestically and internationally.
Is Novatek a private company?
Ownership. Novatek is a public company with shares traded on the London and Moscow stock exchanges.
Who is the CEO of the company Novatek?
Novatek’s longtime CEO Leonid Mikhelson is also the gas producer’s largest shareholder with a stake of 27.17 percent, which combined with Gennady Timchenko’s 23.49 percent gives the businessmen a controlling stake, Vedomosti has learned. Novatek has not disclosed Mikhelson’s stake since the company’s initial public offering in 2005.
What was the profit margin for Novatek in 2011?
Novatek’s earnings before interest, taxes, depreciation, and amortization and net profit margin in 2011 were 49% and 32%, respectively. The major gas field owned by Novatek is the Yurkharovskoye field.
What are the major gas fields owned by Novatek?
The major gas field owned by Novatek is the Yurkharovskoye field. On 27 May 2009, Novatek bought a 51% stake in Yamal LNG from Volga Resources, which controls the giant South-Tambeyskoye field.
Where is Pao Novatek oil and gas company located?
The Company is principally engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons and have more than 20 years of operational experience in the Russian oil and natural gas sector. Our principal operating areas are concentrated in the Yamal-Nenets Autonomous Region (YNAO) in Western Siberia.
