Novatek nears deal to sell another 10 pct stake in Arctic LNG 2
4/26/2019
Russia’s largest independent gas producer Novatek said the company was at a final stage of talks to sell another 10 percent stake in its new liquefied natural gas project, Arctic LNG 2.
Novatek did not disclose the potential buyer.
The company announced on Thursday the sale of 20 percent of the project to two Chinese companies, and earlier this year the company agreed to sell 10 percent to France’s Total . (Reporting by Olesya Astakhova and Maria Grabar. Writing by Andrey Kuzmin; Editing by David Evans)
Sign up to Receive Our Newsletter
- Mitsubishi Heavy Industries Compressor acquires Swiss rotating equipment maintenance company AST Turbo AG
- RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project
- Venture Global wins LNG arbitration case brought by Spain's Repsol
- Cook Inlet LNG advances FSRU project in Alaska (U.S.)
Comments