Why has the Board decided to pay a dividend?
A. The Board reviews the dividend policy at least annually and has considered introducing a dividend payment for some time. With production in Turkmenistan having reached a significant level and set to grow further, our asset generates stable cash flows; this leaves us in a strong position to pursue the area’s accelerated development and continue with our diversification strategy. The Board has decided, given the Group’s current production and balance sheet strength that it is now an appropriate time to start paying a dividend.
