NOVATEK loses on gas transportation
Edited by Rhod Mackenzie / 2013-08-14 05:53:47
NOVATEK expands its presence on the domestic market. Last year it increased supplies by 9.7% to 58.9 billion cubic meters and its share on the market went up from 10 to 16.3%. To date, the share of final consumers in a total volume of gas sale of the company makes up about 90%, Sberbank Investment Research reports (appr. 60% a year ago). NOVATEK aims to increase supplies to 90 billion billion cubic meters by 2020, Vedomosti writes.