October 24, 2019 / 5:11 PM / 23 days ago

Russia's Novatek says company switched mostly to euros in its deals

VERONA, Italy (Reuters) - Russia’s largest liquefied natural gas producer, Novatek (NVTK.MM), has switched to euros in most of its contracts following sanctions imposed by the United States, company’s head, Leonid Mikhelson, said on Thursday.

He also said that the company plans to consider dividend increase in next year’s second quarter.

Reporting by Olesya Astakhova; writing by Vladimir Soldatkin

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