Mitsubishi expresses interest in Arctic LNG 2 project
Published by David Rowlands,
Editor
LNG Industry,
The project is scheduled to commence LNG production next decade. It is owned by Novatek, which owns a 90% stake, and Total, which holds the remaining 10% stake. According to Reuters, Novatek is planning to keep hold of a 60% stake in the project, offering 30% to other investors.
Reuters reports that in December last year, Mitsui, Saudi Aramco and the Russian Direct Investment Fund held discussions with Novatek regarding the purchase of stakes in the project. Reuters added that this should bring Novatek closer to its aim of matching Qatar’s LNG production.
Read the article online at: https://www.lngindustry.com/liquefaction/22012019/mitsubishi-expresses-interest-in-arctic-lng-2-project/
You might also like
Van Oord receives third dual-fuel dredger
Seatrium Ltd, through its wholly-owned subsidiary, Seatrium New Energy Ltd (formerly Keppel FELS Limited), and Van Oord Ship Management BV marked the successful completion and delivery of Vox Alexia, the third dual-fuel trailing suction hopper dredger.