2016-12-08 Major Grant to NES from NOVATEC

Major Grant to NES from NOVATEC

In November 2016, NOVATEK’s management announced it’s decision to award NES with charitable grant in the 2016-2017 academic year in three areas:
1. Support and development of the program "Economics of Energy and Natural Resources" (Masters of Arts in Energy Economics, the abbreviated name: MAEE)
2. Student scholarships for 10 students of the program "Energy Economics.”
3. NOVATEK professorship for Natalia Volchkova - Professor of Economics, Director of Applied Research, Head of the Department of Macroeconomics, Ph.D, CEMI, post doc, Massachusetts Institute of Technology.

New Economic School wishes to extend its sincere gratitude to "NOVATEK" and, personally, to the Chairman of the Board Leonid Mikhelson for their kind assistance and support for NES, which thrives to be on the forefront of the economic science in Russia.

We believe that students and graduates of the program "Economics of Energy and Natural Resources" equipped with advanced knowledge and applied competencies will contribute greatly to the strategic development of the leading companies in the industry, increase the quality of analysis, which are indispensable components of the successful business development.

Support of "Novatek" - is an inspiring example of philanthropy and a strong signal the Russian society, business and government about the importance of the mission of NES.

"NOVATEK" is Russia's largest independent natural gas producer. The company is engaged in the exploration, production, refining and marketing of natural gas and liquid hydrocarbons and has twenty years of experience in the Russian oil and gas industry.

The history of "NOVATEK" began in August 1994 with the formation of "Novafininvest" (formerly called "NOVATEK" until 2003). Since its inception, the Company has concentrated its efforts on the development of oil and gas assets. Today JSC "Novatek" takes the 3rd place in terms of proven gas reserves and 6th place in gas production among publicly traded companies in the world.




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