President of Russia Vladimir Putin: Mr Mikhelson, let's start with the company's state of affairs and then look at what is currently your main project - Yamal LNG.

NOVATEK CEO Leonid Mikhelson: I prepared a brief presentation on NOVATEK's results for 2015. To sum up our results: they turned out not bad at all.

NOVATEK's gas production increased by nine percent in 2015, with around 68 billion cubic metres in total, and the growth of liquid hydrocarbons, mostly gas condensate and oil, amounted to 51 percent.

The increase in gas condensate production meant that all of our large processing facilities reached full capacity last year.

Our sales revenue went up by 33 percent last year, which is no doubt also important, and this meant that we were able to increase the company's personnel by 12 percent.

We have maintained in full all of our social programmes and continue to carry out all of our charity projects. We have social projects in all regions. We have cut nothing back; everything is going ahead.

To be continued.

The President of Russia issued this content on 2016-01-18 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-18 17:20:11 UTC

Original Document: http://en.kremlin.ru/events/president/news/51180