LNG

Novatek to cooperate with CNPC and CDB on Arctic LNG 2

Novatek has signed agreements with the China Development Bank and CNPC to cooperate on its second Arctic LNG project.
By Staff reporter 1 November 2017 0 28209

Novatek has signed agreements with the China Development Bank and China National Petroleum Corp. (CNPC) to cooperate on the Russian company’s second Arctic LNG project.

Novatek signed the documents during Russian Prime Minister Dmitry Medvedev’s official visit to China on Tuesday.

"Our companies already have a history of fruitful cooperation, including on the successful implementation of the Yamal LNG project. We hope that the signed agreement will open up new opportunities for both companies taking into account accumulated experience in implementing LNG projects and the extensive possibilities...