On May 13, JSC NOVATEK acquired 97% of the shares in NOVATEK-Kostroma LLC, NOVATEK informed.
It will be recalled that on December 28, 2013, NOVATEK acquired a 82% stake in Gazprom mezhregiongaz Kostroma LLC. The acquisition price was RUB 554 million.
On February 15, 2013, Gazprom mezhregiongaz Kostroma LLC was officially renamed as NOVATEK-Kostroma LLC.
NOVATEK-Kostroma delivers gas to a wide range of consumers in Kostroma region. In 2012, the company supplied more than 3 bcm of gas.
JSC NOVATEK (tax number: 6316031581) is the second largest natural gas producer in the Russian Federation after Gazprom. In 2013, NOVATEK increased natural gas production by 8.5% year-on-year to 62.22 bcm.
IFRS net profit of JSC NOVATEK for 2013 adjusted for the gains from the divestiture of stakes in joint ventures increased by 14.8% to RUB 79.8 billion from RUB 69.5 billion in 2012.
RAS net profit of NOVATEK for 2013 increased by 15% to RUB 72.3 billion. Revenue increased by 44% to RUB 245.1 billion from RUB 169.9 billion, sales profit to RUB 63.1 billion from RUB 60.04 billion.