The People’s Bank of China and Russian independent Novatek plan to sign a memorandum of understanding that will include the Arctic LNG 2 project during Russian Prime Minister Dmitry Medvedev’s state visit to China this week, according to Russian Deputy Prime Minister Sergei Prikhodko.
Novatek will also sign a strategic cooperation agreement with China National Petroleum Corp. during the two-day visit, which begins on Tuesday.
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