16 Aug 2011 18:18

NOVATEK to unveil development strategy late Nov, early Dec

MOSCOW. Aug 16 (Interfax) - NOVATEK will unveil its development strategy late November or early December, the gas producer's CFO, Mark Gyetvey, said during a conference call.

"We're drafting a new corporate strategy for the period after 2015 and we expect to unveil it to the investment community after the Q3 financial results are out, that is late November or early December," he said.

NOVATEK chief Leonid Mikhelson has said the company would try and review its strategy in favor of the accelerated introduction of capacity in view of the latest global energy events.