NOVATEK Completes the Expansion of the Purovsky plant

OAO NOVATEK announced today that last two (out of four) new gas condensate stabilization trains with three (3) million tons per annum overall capacity were launched at the Purovsky plant resulting in completion of a project for expanding capacity of the plant from five (5) to 11 million tons. First two new trains with the same capacity were launched in October 2013.

Chairman of the Management Board of NOVATEK, Leonid V. Mikhelson stated “We have successfully completed another strategic project and achieved balance between our gas condensate production potential and processing capacity. Expansion of the Purovsky plant was implemented on time and on budget”.