Russia’s Novatek has signed a three-party memorandum of understanding with Japan’s Marubeni and Mitsui OSK Lines to study options for a planned LNG transshipment facility on the Kamchatka Peninsula in Russia’s Far East.
“The memorandum sets out the intentions of the parties and a specific plan of measures on studying the possibility of creating a complex for transshipment and marketing of LNG in Kamchatka territory, including investment in development of this infrastructure project,” Novatek said in a statement.
“One of the key advantages of creating an LNG...
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