The Arctic Economic Council (AEC) is an international business forum established in 2014, that facilitates Arctic business-to-business activities and responsible economic development through the sharing of best practices.
The AEC’s active organizations include a diverse range of companies, from start-ups, small- and medium-sized enterprises to regional and international corporations operating in the Arctic zone.
Leonid Mikhelson, NOVATEK’s Chairman of the Management Board said:
- The responsible development of the Arctic region is core to the sustainable development principles at NOVATEK
- We operate many of our present facilities in the Arctic region of Russia as well as ambitions plans for the future development of our LNG platform
- Responsible business conduct in compliance with international standards and best practices in environmental protection and climate change mitigation is one of the priorities for the company
- NOVATEK's participation in the AEC signifies our commitment to this initiative and our contribution to the region's sustainable economic development