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Novatek to make investment decision on Arctic LNG-2 project in the second half of 2019

 

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LNG Industry,

According to the latest Reuters report, Russian natural gas producer Novatek could make a decision in the second half of 2019 on investments in the Arctic LNG-2 project which it is running.

Novatek CEO Leonid Mikhelson said Italy’s Saipem planned to take part in a tender to build a drilling platform for the project, and that Novatek was also continuing talks with Saudi Arabia about its possible participation in the project.

 

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