E&P Program and Financial Strategy
E&P Program 2009 and 2010
NOVATEK
Expand processing capabilities
◆ 2010 Russian gas balance will be main determining factor in expansion of
processing facilities
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Purovsky Plant – expand LPG storage capacity by 18,000 m³ to 27,000 m³
◆ Ust-Luga - continue with project design work
Exploration work
Continue exploration drilling at Yurkharovskoye, New Yurkharovskoye, West
Urengoyskiy and Olimpiyskiy fields and other license areas
Continue seismic work at more than 10 license areas
Initiate changes in license classification from exploration license to
production license at four fields
Continue seismic interpretation work and drilling preparatory work in 2009
and begin exploration drilling in 2010 at the El-Arish field in Egypt
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