NOVATEK JSC engages in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. It operates through the following geographical segments: Russia, Europe, Asia-Pacific, North America, The Middle East, and Other. The Russia segment includes exploration, development, production and processing of hydrocarbons, and sales of natural gas, stable gas condensate, other gas and gas condensate refined products, liquefied petroleum gas and crude oil. The Europe segment involves in sale of natural gas, naphtha, stable gas condensate, gas condensate refined products, liquefied petroleum gas, crude oil and exploration activities within joint operations. The Asia-Pacific segment engages in sales of naphtha, stable gas condensate refined products and crude oil. The North America segment encompasses sale of naphtha, stable gas condensate refined products and crude oil. The Middle East segment includes sale of natural gas, naphtha, crude oil and exploration activities within joint operations. The company was founded by Leonid Viktorovich Mikhelson on August 16, 1994 and is headquartered in Moscow, Russia.