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Novatek sees LNG demand forecast rising

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LNG Industry,

According to the latest report from Reuters, Russia’s Novatek sees a global glut in LNG dwindling rapidly due to lack of the new projects while future LNG demand will increase.

Chief Financial Officer Mark Gyetvay said Novatek had shipped 12 LNG cargoes and three gas condensate cargoes since launching its first LNG plant on the Yamal peninsula in 2017.

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