NOVATEK Chief Ventures Into New Business

摘要

Enlisting a well-connected investor helped Leonid Mikhelson, the head of NOVATEK gas producer, to hone its competitive edge while aiming at Gazprom itself - and also spreading its investments in other industries. Mikhelson recently announced the acquisition of Sibur Holding, the largest domestic petrochemical holding worth about $7.5 billion excluding liabilities.