Novatek to start LNG supplies to Gas Natural Fenosa in 2018

MOSCOW (Reuters) — Russian independent gas producer will start LNG supplies to Spanish energy company Gas Natural Fenosa in 2018, Interfax news agency quoted Novatek head Leonid Mikhelson as saying on Monday.

Novatek Gas Processing Small
Photo Courtesy of Novatek.

Novatek and Gas Natural Fenosa signed a long-term contract in 2013, which envisages LNG supplies from Novatek's Yamal LNG project.

Mikhelson said on Monday that the 25-yr contract with Fenosa which is worth more than $33.53 B was aimed to deliver 2.5 MMt of LNG to the Spanish partner, Interfax reported.

Reporting by Denis Pinchuk; Writing by Dmitry Solovyov

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