Gazprom Mezhregiongas Chelyabinsk sells natural gas to industrial and residential customers in the Chelyabinsk region of Russia.
Novatek said it will now supply 100% of the Chelyabinsk region’s gas demand that currently exceeds 15bcm per annum.
Novatek chairman Leonid Mikhelson said this acquisition is consistent with the company’s commercial strategy to increase market penetration in key natural gas consuming regions within the domestic market.